Business & Financial News | July 24, 2025

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BASF Supervisory Board extends appointments of two Board members

The Supervisory Board of BASF SE has today extended the appointments of Dr. Dirk Elvermann and Dr. Stephan Kothrade as members of the Board of Executive Directors.

The appointment of Dirk Elvermann (53) has been extended by five years until the end of the Annual Shareholders’ Meeting in 2031. Elvermann is Chief Financial Officer and Chief Digital Officer and has been a member of BASF SE’s Board of Executive Directors since April 2023. He is responsible for Corporate Finance, Corporate Audit, Corporate Taxes & Duties, Global Business Services, Global Digital Services and Global Procurement.

The appointment of Stephan Kothrade (58) has been extended by two years until the end of the Annual Shareholders’ Meeting in 2028. Kothrade is Chief Technology Officer and has been a member of the Board of Executive Directors since March 2023. He is responsible for Monomers, Performance Materials, Petrochemicals, Intermediates, Group Research, Greater China and Mega Projects Asia.

  

About BASF

At BASF, we create chemistry for a sustainable future. Our ambition: We want to be the preferred chemical company to enable our customers’ green transformation. We combine economic success with environmental protection and social responsibility. Around 112,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio comprises, as core businesses, the segments Chemicals, Materials, Industrial Solutions, and Nutrition & Care; our standalone businesses are bundled in the segments Surface Technologies and Agricultural Solutions. BASF generated sales of €65.3 billion in 2024. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the United States. Further information at www.basf.com.
  

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Dr. 
Nina Schwab-Hautzinger
Senior Vice President
Corporate Communications & Government Relations
Dr. 
Stefanie Wettberg
Senior Vice President Investor Relations
Last UpdateJuly 24, 2025