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2014-08-06

Change in the Board of Management at LANXESS

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.

LANXESS is a leading specialty chemicals company with sales of EUR 8.3 billion in 2013 and about 16,900 employees in 31 countries. The company is currently represented at 52 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of plastics, rubber, intermediates and specialty chemicals. LANXESS is a member of the leading sustainability indices Dow Jones Sustainability Index (DJSI World and DJSI Europe) and FTSE4Good as well as CDP’s Climate Disclosure Leadership Index (CDLI).