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August 10, 2005
By: KERRY PIANOFORTE
Editor, Coatings World
Bayer: Werner Spinner, member of the board of management of Bayer AG, left the company for personal reasons at the end of February. The management board of the holding company, under the leadership of chairman Werner Wenning, has been reduced from five members to four. The supervisory board of Bayer AG will meet to discuss the proposed reduction in size of the management board and the redistribution of responsibilities within the board of management. According to the proposal, chief financial officer Klaus Kühn will take over responsibility for the Europe and “regions of the world” regions. Udo Oels, responsible for innovation, technology and the environment, will add the Asia region to his list of responsibilities. Richard Pott’s areas of responsibility will include the North, Central and South American regions as well as his responsibilities for strategy and human resources and “business excellence
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