(PRESS RELEASE) LUDWIGSHAFEN, 17-Feb-2022 — /EuropaWire/ — BASF (ETR: BAS), world’s largest chemical producer, has announced that its Board of Executive Directors has decided on changes to the responsibilities in two Board Ressorts. The changes will take effect on March 1, 2022, and are structured as follows:
Saori Dubourg (Ressort IV) will assume responsibility for the Monomers, Performance Materials, Petrochemicals and Intermediates divisions. She will continue to be responsible for the region Europe.
Michael Heinz (Ressort V), based in Florham Park, New Jersey, will assume responsibility for the Agricultural Solutions, Care Chemicals and Nutrition & Health divisions. He will continue to be responsible for the regions North America and South America.
At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. More than 110,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of €59 billion in 2020. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the U.S. Further information at www.basf.com.
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SOURCE: BASF SE