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07-09-2012

Treofan: New CEO

Peter Vanacker (46) will join Treofan Group, Raunheim, Germany, as Chief Executive Officer effective 1 September 2012, replacing Giovanni Canetta, Treofan’s interim CEO since April 2011. Canetta, also General Manager of M&C SpA, Treofan’s largest shareholder, will become Vice Chairman of the Advisory Board of Treofan, ensuring continuity.

Fresh from a distinguished career at Bayer AG, Peter Vanacker brings to Treofan a deep knowledge of the chemical industry and broad experience at senior management level in a global blue-chip company. He has been a member of Bayer MaterialScience’s Executive Committee since 2003. Most recently, he served as Executive VP and Chief Marketing and Innovation Officer at Bayer MaterialScience AG.

Before that, he led Bayer’s Business Unit Polyurethanes as General Manager and was Head of EMEA at Bayer Polymers AG, Head of Polymer Solutions Americas at Bayer Corp (USA) and Regional Director Polyurethanes South America in Brazil.

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