Michael Heinz takes over as Chairman and CEO of BASF Corporation
June 01 2021 - 12:42PM
Effective today, Michael Heinz takes over as Chairman and Chief
Executive Officer of BASF Corporation, headquartered in Florham
Park, New Jersey. Heinz will lead all activities of the North
American affiliate of Germany-based BASF SE, one of the leading
chemical companies worldwide.
“I am eager to take over responsibility for one of BASF’s major
markets and to further develop our strong presence in the North
American region,” said Heinz. “Given my experience with BASF in the
United States, I am honored by this appointment as it allows me to
lead an outstanding team and, at the same time, return to a country
that feels like a second home to me.”
Heinz has been with BASF for almost four decades and during that
time, has spent more than 10 years in various leadership positions
in the United States. Earlier in his career, he oversaw BASF’s
activities in Ecuador and Mexico, led the global Crop Protection
division and was responsible for the integration of two major
company acquisitions, Ciba AG and Cognis GmbH. Heinz has been a
Member of BASF SE’s Board of Executive Directors since 2011 and
will continue serving in this role in addition to leading the
company’s North American activities. As part of his Board duties,
Heinz is also responsible for BASF’s global Chemicals and Materials
business segments as well as the South America region.
Heinz succeeds Wayne T. Smith, who led BASF Corporation for six
years. Smith has shaped the company’s business success in the North
America region with a strong focus on customers, Diversity &
Inclusion and asset reliability.
About
BASF
BASF Corporation, headquartered in Florham Park, New Jersey, is
the North American affiliate of BASF SE, Ludwigshafen, Germany.
BASF has approximately 17,000 employees in North America and had
sales of $18.7 billion in 2020. For more information about BASF’s
North American operations, visit www.basf.com/us.
At BASF, we create chemistry for a sustainable future. We
combine economic success with environmental protection and social
responsibility. More than 110,000 employees in the BASF Group
contribute to the success of our customers in nearly all sectors
and almost every country in the world. Our portfolio is organized
into six segments: Chemicals, Materials, Industrial Solutions,
Surface Technologies, Nutrition & Care and Agricultural
Solutions. BASF generated sales of €59 billion in 2020. BASF shares
are traded on the stock exchange in Frankfurt (BAS) and as American
Depositary Receipts (BASFY) in the U.S. Further information at
http://www.basf.com.
Media Relations contact
Katharina Meischen
Phone: +1 973-468 5457
katharina.meischen@basf.com
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