Hartwig Michels (49), currently President of BASF’s global competence center Procurement will become President of the Europe regional division as of October 1, 2013. He succeeds Jacques Delmoitiez (59), who will retire effective September 30, 2013, after working at BASF for 28 years.
Fried-Walter Münstermann (48), currently President, Regional Functions North America, BASF Corporation, Florham Park, New Jersey, will succeed Michels effective August 1, 2013. He will be succeeded by Dr. André Becker (44), Senior Vice President, Global Executive Human Resources, effective July 1, 2013.
BASF is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. We combine economic success with environmental protection and social responsibility. Through science and innovation, we enable our customers in nearly every industry to meet the current and future needs of society. Our products and solutions contribute to conserving resources, ensuring nutrition and improving quality of life. We have summed up this contribution in our corporate purpose: We create chemistry for a sustainable future. BASF posted sales of €78.7 billion in 2012 and had more than 113,000employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN).