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Werner Baumann to be new Bayer Chairman

By Niranjan Mudholkar,

Added 25 February 2016

Will succeed Dr. Marijn Dekkers as Chairman of the Board of Management of Bayer AG with effect from May 1, 2016

"Following rapid implementation of the realignment under Dr. Dekkers' leadership, Bayer is now entering a new era as a pure Life Science company. That is why this is now the right time to hand on responsibility for managing the company. We are very grateful to Dr. Dekkers.

"During his term of office, Bayer has experienced an extraordinary development in both operational and strategic terms," said Werner Wenning, Chairman of the Supervisory Board of Bayer AG. "In Werner Baumann, Bayer has a strong and experienced management personality from within its own ranks. In his various positions at Bayer and as a member of the Board of Management since 2010, he has contributed substantially to strengthening and realigning the company. We are convinced that, under Werner Baumann's leadership, Bayer will continue along its track of successful development," Wenning said.
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