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12-15-2011

BASF: Changes in the Board of Executive Directors

Wayne T. Smith

Wayne T. Smith

The Supervisory Board of BASF SE, Ludwigshafen, Germany, appointed Wayne T. Smith (51) to the Board of Executive Directors effective at the end of the Annual Meeting on April 27, 2012. Smith, an American, is currently head of the company’s Polyurethanes division headquartered in Brussels, Belgium.

After 15 years on the Board of Executive Directors, Dr. Stefan Marcinowski (58) will retire with the expiration of his contract following the Annual Meeting. At the same time, the Supervisory Board has extended the appointment of Research Executive Director Dr. Andreas Kreimeyer (56) until the end of the Annual Meeting in May 2015. He has been a member of the Board of Executive Directors since 2003.

Following these changes, the Board of Executive Directors has decided to reassign the responsibilities of Ressort VI and VII effective at the end of the Annual Meeting.

Wayne Smith will take over responsibility for Ressort VI, previously headed by Andreas Kreimeyer, and be responsible for Inorganics, Petrochemicals, Intermediates and Process Research & Chemical Engineering.

Andreas Kreimeyer remains Research Executive Director and will take over responsibility for Ressort VII, previously headed by Stefan Marcinowski. He will be responsible for Crop Protection, Coatings, South America, Biological & Effect Systems Research, Plant Science and BASF Future Business.

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