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Personnel Changes at the Board of Executive Directors of BASF

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.

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