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BASF Corporation Appoints Wayne T. Smith as its New Chairman and CEO

Published on 2015-05-04. Author : SpecialChem

FLORHAM PARK, NJ. -- Wayne T. Smith is the new Chairman and Chief Executive Officer of BASF Corporation, headquartered in Florham Park, New Jersey. He succeeds Hans Engel, who as Chief Financial Officer for BASF SE, will relocate to the company’s global headquarters in Ludwigshafen, Germany, and assume additional responsibilities on BASF’s Board of Executive Directors.

Smith (55) began his career at BASF in 2004 as Group Vice President for the Regional Intermediates Business Unit in the United States. In 2006, he was named President of the Catalysts division and Executive Vice President, BASF Corporation. He became President of the company’s Polyurethanes division in Brussels, Belgium, in 2010 and was appointed to the Board of Executive Directors of BASF SE in 2012. In addition to his role as CEO and Chairman of BASF Corporation, Smith will have global responsibility for the Catalysts, Coatings and Performance Materials divisions.

Smith was born in Rochester, New York. He received a bachelor’s degree in chemical engineering from Syracuse University and holds a master’s degree in business administration (MBA) from the Wharton School at the University of Pennsylvania. Smith is married and has two children.

About BASF

BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has more than 17,000 employees in North America, and had sales of $20.6 billion in 2014. BASF creates chemistry and have been doing so for 150 years. Its portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. As one of the world’s leading chemical companies, it combine economic success with environmental protection and social responsibility. Through science and innovation, it enables its customers in nearly every industry to meet the current and future needs of society. Its products and solutions contribute to conserving resources, ensuring nutrition and improving quality of life. BASF had sales of over €74 billion in 2014 and around 113,000 employees as of the end of the year.

Source: BASF

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