The following shareholder representatives will be proposed for reelection:
- Dame Alison Carnwath DBE, 65, Exeter/England;
- Franz Fehrenbach, 69, Stuttgart;
- Dr. Jürgen Hambrecht, 72, Neustadt/Weinstraße;
- Anke Schäferkordt, 56, Cologne
- Professor Dr. Thomas Carell, 52, Professor for Organic Chemistry at the Ludwig Maximilian University Munich;
- Dr. Alexander C. Karp, 51, CEO Palantir Technologies Inc., Palo Alto, California;
Dr. Jürgen Hambrecht shall again assume the chairmanship of the Supervisory Board. Hambrecht intends to resign from the Supervisory Board following the Annual Shareholders’ Meeting 2020. As already announced, Dr. Kurt Bock, former Chairman of the Board of Executive Directors of BASF SE, shall be proposed to the Annual Shareholders’ Meeting 2020 for election to the Supervisory Board following the statutory two-year cooling-off period. He would then assume the chairmanship of the Supervisory Board.
The guiding principle for the composition of the Supervisory Board is to ensure qualified supervision and guidance for the Board of Executive Directors of BASF SE. In 2017, the Supervisory Board, therefore, agreed on new objectives for the composition, the competency profile and the diversity concept of the Supervisory Board. With the election of Karp, the competence area of digitalization and information technology will be covered as of 2019 and the competence profile thus fully met. In the succession of Diederich, Carell will strengthen the Supervisory Board’s knowledge in the areas of chemistry, biology, plant engineering, and artificial intelligence and related value chains.