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11-26-2009

Borealis: Executive Board Strengthened

Gerd Löbbert

Gerd Löbbert

Borealis AG, Vienna, Austria, has appointed Gerd Löbbert as Executive Vice President for Base Chemicals, effective January 1, 2010. He will report to Chief Executive Mark Garret and be based at the Borealis Head Office in Vienna.

Gerd Löbbert, who has a Ph.D in chemistry, has worked in various functions and divisions at BASF since 1986. Since 2005, Löbbert has held the position of Group Vice President, Cracker Products and Industrial Gases Europe, and in mid-2009 he took over responsibility for restructuring the worldwide pigment activities.

Borealis Chief Executive Mark Garret is looking forward to having Löbbert with his extensive experience in chemicals on the management team.

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