Personnel changes at BASF

Ludwigshafen, Germany – The Board of Executive Directors of BASF has announced the following personnel changes:

Dr. Stefan Blank (54), President Intermediates division, Ludwigshafen, will assume responsibility for the Corporate Development division effective July 1, 2018. He will succeed Dr. Bernhard Nick (60), who will retire effective June 30, 2018.

Dr. Andrea Frenzel (48), currently President South & East Asia, ASEAN & ANZ regional division, Hong Kong, will at the same time assume responsibility for the Intermediates division. She will be succeeded by Dr. Ramkumar Dhruva (50), Senior Vice President, Monomers, Asia Pacific.

Ralph Schweens (53), President South America regional division, São Paulo, Brazil, will assume responsibility for the Care Chemicals division, Ludwigshafen, effective May 1, 2018. He will succeed Hans-Walther Reiners (55), who has decided to leave the company.

Manfredo Rübens (54), President Regional Functions & Country Platforms North America, BASF Corporation, Florham Park, New Jersey, will assume responsibility for the South America regional division, São Paulo, Brazil, at the same time. He will be succeeded by Tobias Dratt (45), Senior Vice President, Business Center Subregions & Regional Functions South America, BASF S.A., São Paulo, effective May 1, 2018.

About BASF
At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. The more than 115,000 employees in the BASF Group work on contributing to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions and Oil & Gas. BASF generated sales of €64.5 billion in 2017. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (BAS). Further information at www.basf.com.

P-18-178