BASF makes changes to board of executive directors

19/12/2005

BASF Aktiengesellschaft has appointed Dr. Martin Brudermüller to the board of executive directors with effect from January 1, 2006. Mr Brudermüller, who currently heads BASF’s Functional Polymers division, will assume responsibility for Asia and will be headquartered in Hong Kong effective April 1, 2006.

At the same time, the supervisory board extended Eggert Voscherau’s term as Industrial Relations director and vice president of the board of executive directors until the conclusion of the Annual Meeting in May 2008. Mr Voscherau has been a member of the board since 1996 and is responsible for Europe and for BASF’s sites in Ludwigshafen and Schwarzheide, Germany, and Antwerp, Belgium. In addition, he is responsible for the functional divisions of human resources and environment, safety & energy. These changes to the board of executive directors strengthen the regions and allow us to face up even better to the global challenges. Martin Brudermüller will focus entirely on the Asian growth region. This is a further signal of the important role that this region plays in BASF’s future,” said Jürgen Hambrecht, chairman of the board of executive directors.

In addition, the board of executive directors also elected Markus Kramer, group vice president of the Acrylic Monomers & Superabsorbents global business unit, Ludwigshafen, as president, assuming responsibility for the Functional Polymers division effective January 1, 2006, thus succeeding Mr Brudermüller; Jacques Delmoitiez as president of the Polyurethanes Division in Brussels effective May 1, 2006; Harald Lauke, president, Regional Functions & Market Efficiency Asia Pacific, as head of the Performance Polymers division, Frankfurt, effective May 1, 2006 to succeed Raimar Jahn; Tilman Krauch, as president of the Polyamide & Intermediates Global Business Unit; and Fried-Walter Münstermann, as president of Regional Functions and Business Development Europe.