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This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at Lanxess reestructura su cuadro directivo

LANXESS restructured its management service

14/03/2007

on March 14, 2007

The Board of Directors of the firm Lanxess took several decisions a few days ago. Among the conclusions drawn, is the fact that from July 1, Axel C. Heitmann, Chairman of the Council, whose mandate ends in the spring of 2008, has confirmed his post for five years more. At the same time the Office of Matthias Zachert, CFO, has been renewed for another five years. Also, Rainier Van Roessel as a new Member of the Board of Directors was appointed. Of Dutch nationality, Van Roessel will preside over the Rubber Chemicals business unit and the Belgian management of Lanxess. Since January 2007, he is responsible for three units of the area of performance chemicals business. In addition, it has assumed responsibility for management by country of Lanxess AG and Group Functions for IT, logistics, distribution and procurement and another important group of initiatives. Van Roessel has two decades of experience as international director in the chemical industry.
Furthermore, we members of the Board of Directors Martin Wienkenhöver and Ulrich Koemm will continue with its responsibilities before the end of its mandate period in the spring of 2008. The Advisor of the Board has expressed its appreciation to the address for their achievement in the development of the group.
Rolf Stomberg, Chairman of the Board consulting firm, commented: "in the last two years, Lanxess has become a new and famous world benchmark in the chemical industry." Now, the company is oriented to new changes. After the impressive turn and rapid recovery of costs, we are well positioned to take part in the consolidation of the industry. With the new information from the Board of Directors of the company we are able to accommodate these changes successfully. We focus on expanding our benefits, and count on profitable growth and internationalization"."

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