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[May 05, 2014]
JÃ¼rgen Hambrecht elected as new chairman of the Supervisory Board of BASF SE; Michael Diekmann and Robert Oswald re-elected as deputy chairmen
(M2 PressWIRE Via Acquire Media NewsEdge) Ludwigshafen, Germany -- In its constitutive meeting, the new Supervisory Board of BASF SE has elected Dr. Jürgen Hambrecht as its new chairman. Hambrecht thus succeeds Dr. h.c. Eggert Voscherau, who took over as chairman following the Annual Shareholders' Meeting 2009 and who was no longer available for re-election by today's Annual Shareholders' Meeting. As vice chairmen, the Supervisory Board elected Michael Diekmann and Robert Oswald, both of whom had previously held this function.
The Annual Shareholders' Meeting of BASF SE elected the following shareholder representatives as members of the Supervisory Board: Dame Alison Carnwath DBE, London Professor Dr. François Diederich, Zurich Michael Diekmann, Munich Franz Fehrenbach, Stuttgart Dr. Jürgen Hambrecht, Neustadt/Weinstraße Anke Schäferkordt, Cologne Besides Voscherau, Max Dietrich Kley, who has served on the Supervisory Board since 2003, also did not stand for re-election.
The BASF Europa Betriebsrat (European works council) previously appointed the following employee representatives to the Supervisory Board of BASF SE: Robert Oswald, Altrip Wolfgang Daniel, Heidelberg Ralf-Gerd Bastian, Neuhofen Michael Vassiliadis, Hanover Francesco Grioli, Ronneberg Denise Schellemans, Brecht/Belgium The appointments of the Supervisory Board members are valid until the end of the Annual Shareholders' Meeting 2019.
In its constitutive meeting, the Supervisory Board also newly appointed its committees. All shareholder representatives are members of the Nomination Committee, which is chaired by Hambrecht. The Personnel Committee comprises Diekmann, Oswald, Vassiliadis and is chaired by Hambrecht. The Audit Committee comprises Fehrenbach, Bastian, Vassiliadis and has Carnwath as its chair and financial expert About BASF 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 had sales of about EUR74 billion in 2013 and over 112,000 employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN). Further information on BASF is available on the Internet at www.basf.com .
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