Business News
BASF executives to take over Ciba CEO and CFO roles
Thursday 16. April 2009 - BASF executives to take over Ciba CEO and CFO roles * Michael Heinz to become CEO * Hans-Juergen Seeger to become CFO
The Board of Directors of Ciba, now part of BASF, has appointed Michael Heinz (45) from BASF as the new Chief Executive Officer of Ciba. In addition to his role as CEO, Heinz will continue with his responsibilities for the integration of Ciba into BASF. Brendan Cummins is stepping down from his role as CEO and will remain at Ciba in an advisory capacity for the next few months.
Hans-Juergen Seeger (55), currently Managing Director of BASF Services Europe GmbH, has been appointed Chief Financial Officer of Ciba, taking over from Niklaus Meier who had been the ad interim CFO, since the former Chief Financial Officer, Juerg Fedier left the company at the end of 2008. Both appointments are effective immediately.