The Board of Executive Directors of BASF has announced the following personnel changes:
Fried-Walter Münstermann (54), President, Procurement, BASF SE, Ludwigshafen, Germany, will assume responsibility for the “Task Force Process Simplification” effective January 1, 2019. He will be succeeded by Stefano Pigozzi (54), President, Monomers, BASF SE, Ludwigshafen.
At the same time Kenneth T. Lane (50), President, Catalysts, BASF Corporation, Iselin, New Jersey, will assume responsibility for the Monomers division. The Monomers division’s headquarter will be transferred from Ludwigshafen to Waterloo, Belgium, in the course of 2019.
Dr. Peter Schuhmacher (53), President, Process Research & Chemical Engineering, BASF SE, Ludwigshafen, Germany, will assume responsibility for the Catalyst Division on December 1, 2019. He will be succeeded by Dr. Detlef Kratz (56), currently Senior Vice President, Corporate Technology & Operational Excellence, BASF SE, Ludwigshafen, Germany.
About BASF
At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. The more than 115,000 employees in the BASF Group work on contributing to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions and Oil & Gas. BASF generated sales of €64.5 billion in 2017. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (BAS). Further information at www.basf.com.
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