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2014-08-06

Change in the Board of Management at LANXESS

Cologne – Werner Breuers, Board Member of LANXESS AG and up to now responsible for the segments Performance Polymers and Advanced Intermediates, will leave the company at his own request after his contract ends on May 31, 2015, in order to pursue new challenges. Mr. Breuers will leave the Board of Management with immediate effect. He will, however, remain in an advisory role to LANXESS for a transitional period.

“We thank Mr. Breuers for his work and wish him all the best for his future,” said Rolf Stomberg, Chairman of the Supervisory Board of LANXESS AG.

The Supervisory Board has with immediate effect handed over the responsibility for the segments Performance Polymers and Advanced Intermediates to Matthias Zachert, Chairman of the Board of Management of LANXESS AG, on a temporary basis. The company intends to fill the vacated position in the Board of Management in the next twelve months. 

Forward-Looking Statements

This news release contains forward-looking statements based on current assumptions and forecasts made by LANXESS AG management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.

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