Bayer MaterialScience expands its executive committee

Bayer MaterialScience expands its executive committee

11:28 AM, 2nd July 2011
Bayer MaterialScience expands its executive committee
Patrick Thomas, CEO, Bayer MaterialScience.

LEVERKUSEN, GERMANY: Bayer MaterialScience is strengthening its marketing and innovation activities with the appointment of Peter Vanacker to the Executive Committee position of Head of Industrial Marketing and Innovation. Peter Vanacker takes his new position from his current role as Head of Polyurethanes Business Unit, on July 1, 2011.

In his new role, Peter Vanacker will be responsible for driving industrial marketing and innovation as key elements of the Bayer MaterialScience growth strategy. In addition, he will lead the company’s development business activities in Functional Films and Carbon Nanotubes, among others.

“I cannot stress enough how important industrial marketing is to our future growth. The markets in which we operate are changing faster today than at any time in the past, and we must ensure we develop a strong feeling for market trends through our activities in this field,” said Patrick Thomas, CEO, Bayer MaterialScience.

At the same time, Dr Joachim Wolff succeeds Peter Vanacker as Head of the Polyurethanes Business Unit, while Daniel Meyer joins the Executive Committee and succeeds Joachim Wolff as Head of the Coatings, Adhesives and Specialties Business Unit. Daniel Meyer was previously Head of Marketing and Business Development within this business unit in the Asia Pacific Region.

In a further development, Bayer MaterialScience has extended its Executive Committee to incorporate key functional activities. Michael Bernhardt, Wolfgang Miebach and Richard Northcote join the Executive Committee on July 1, 2011 in their positions as Heads of Human Resources, Corporate Development and Communications and Public Affairs, respectively.

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