By: ICN Bureau
Last updated : October 22, 2022 7:00 am
Elvermann has been with the company since 2003 and has been leading the Corporate Finance division since 2019
The Supervisory Board of BASF SE has extended the appointment of Dr. Martin Brudermuller as BASF’s Chairman of the Board of Executive Directors until the end of the 2024 Annual Shareholders’ Meeting.
Brudermuller’s appointment was originally scheduled to end in 2023. He has been Chairman of the Board of Executive Directors of BASF SE since 2018 and a Board member since 2006.
“I am pleased that Martin Brudermuller will continue to lead the company with prudence and determination in these difficult times,” said Dr. Kurt Bock, Chairman of the Supervisory Board of BASF SE.
In addition, the Supervisory Board has appointed Dr. Dirk Elvermann as the new Chief Financial Officer (CFO) and Chief Digital Officer (CDO). He succeeds Dr. Hans-Ulrich Engel, whose mandate ends at the closing of the 2023 Annual Shareholders’ Meeting.
Engel has been a member of the Board of Executive Directors since 2008, Chief Financial Officer of BASF SE since 2011 and also, since 2018, Vice Chairman of the Board of Executive Directors.
Elvermann has been with the company since 2003 and has been leading the Corporate Finance division since 2019. Previously he was, among other positions, Chief Financial Officer of Wintershall Holding GmbH and Managing Director of BASF in Poland.
“I am convinced that Dirk Elvermann with his broad experience and leadership skills will be an excellent addition to BASF’s Board of Executive Directors,” said Dr. Kurt Bock, Chairman of the Supervisory Board of BASF SE.
At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. Around 111,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world.
BASF portfolio comprises six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. The company generated sales of €78.6 billion in 2021.