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New CEO Kamieth starts at BASF

by Alex Scott
May 4, 2024 | A version of this story appeared in Volume 102, Issue 14

 

Markus Kamieth and Martin Brudermüller hold up a shirt while standing on a stage that says BASF in the background.
Credit: BASF
Martin Brudermüller (left) and Markus Kamieth (right)

Markus Kamieth has taken over from Martin Brudermüller as BASF’s CEO. The official handover took place April 25 during the company’s annual shareholders’ meeting in Mannheim, Germany. Kamieth has been a BASF board member since 2017. He obtained a PhD in organic chemistry from the University of Duisberg-Essen. The company had a torrid time under Brudermüller, who recently introduced a cost-reduction program involving substantial job cuts in the face of difficult market conditions.

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