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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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