The graduate chemical engineer succeeds Werner Baumann as CEO.
(Photo: Reuters)
Dusseldorf Bayer AG will replace its CEO on June 1, 2023. The new boss will be the American Bill Anderson, who most recently headed the pharmaceuticals division of the Swiss Roche group. Acting CEO Werner Baumann will retire at the end of May – a year earlier than originally planned.
The 56-year-old Anderson will join the Executive Board of the Leverkusen group on April 1st. His election by the Supervisory Board was unanimous.
Bayer had been looking for a boss since the middle of last year. Baumann had previously announced that he did not want to extend his contract.
Numerous Bayer investors had recently called for Baumann to be replaced quickly by an external candidate. The stock reacted positively and rose by around six percent shortly before the close of trading.
With agency material