Mario Mehren to head BASF subsidiary Wintershall
Ludwigshafen, Germany – March 27, 2015 – Mario Mehren, currently a member of the Board of Executive Directors of Wintershall responsible for Exploration & Production Russia, North Africa and South America, has been named President of BASF’s Oil & Gas division effective July 1, 2015, and in this function will be head of BASF’s subsidiary Wintershall. He succeeds Dr. Rainer Seele, who has been named CEO of OMV Aktiengesellschaft, Vienna, Austria, effective July 1, 2015. Seele has been head of Wintershall since 2009.
“Over the past years, Rainer Seele has contributed significantly to expanding and further strengthening the position of Wintershall as the largest internationally operating German oil and gas company. We wish him much success in his new position,” said Dr. Kurt Bock, Chairman of the Board of Executive Directors of BASF SE.
CVs and photos of Mario Mehren and Dr. Rainer Seele can be found under http://www.wintershall.com/en/company/management/board-of-directors.html
Wintershall Holding GmbH, based in Kassel, Germany, is a wholly-owned subsidiary of BASF in Ludwigshafen. The company has been active in the extraction of natural resources for 120 years, and in the exploration and production of crude oil and natural gas for over 80 years. Wintershall focuses on selected core regions where the company has built up a high level of regional and technological expertise. These are Europe, Russia, North Africa, South America, and increasingly the Middle East region. The company wants to expand its business further with exploration and production, selected partnerships, innovation and technological competence. Wintershall employs some 2,500 staff worldwide from 40 nations and is now Germany’s largest, internationally active crude oil and natural gas producer.
At BASF, we create chemistry – and have been doing so for 150 years. Our portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. As the world’s leading chemical company, we combine economic success with environmental protection and social responsibility. Through science and innovation, we enable our customers in nearly every industry to meet the current and future needs of society. Our products and solutions contribute to conserving resources, ensuring nutrition and improving quality of life. We have summed up this contribution in our corporate purpose: We create chemistry for a sustainable future. BASF had sales of over €74 billion in 2014 and around 113,000 employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN). Further information on BASF is available on the Internet at www.basf.com.