bayer ag-sponsored adr
(BAYRY:OTC Pink - Current Information)

Executive Profile*

Background*

Mr. Werner Baumann has been the Chief Financial Officer of Bayer AG since May 2010 and its Member of Management Board since January 1, 2010. Mr. Baumann served as the President of Business Development & Licensing of Bayer HealthCare AG since March 1, 2006 and also its President of Central Administration & Organization since July 2002. He joined Bayer AG in Leverkusen as a Commercial Trainee on April 1, 1966. Mr. Baumann served as a Member of Management Board at Bayer ... HealthCare AG since October 1, 2003 and served as its Labor Director. He served as a Member of the Management Board at Bayer Pharma AG (Bayer Schering Pharma AG) since September 14, 2006. He served as a Vice President of German Chemical Industry Association (VCI), Frankfurt. He served as President of German Chemical Industry Association from September 2005 to September 2007, and Vice President of the Federation of German Industries (BDI), Berlin. He served as Labor Director of Bayer Pharma AG since September 14, 2006 and served as its Head of Administration. He served as Head of Business Planning and Administration of Bayer HealthCare AG until 2002. He joined Bayer AG at Leverkusen in 1988 and served in Southwest Europe section of Corporate Finance Department. He served as Controller of Bayer Hispania Comercial in Barcelona, Spain since 1991 and also served as Assistant to managing director there since 1995. He moved to Bayer Corporation in Tarrytown, New York, where he held various positions in Bayer's global Diagnostics Business Group. Since 1978, he served as Managing Director and administrative head of the Peruvian company. Since April 1996, he served as Head of Corporate Planning and Controlling in Leverkusen. From 1970 to 1975, Mr. Baumann established and managed the finance and accounting department of Bayer Industrial S.A. He serves as the Chairman of Supervisory Board at Bayer CropScience AG. He serves as a Member of the Supervisory board of Henkel KGaA. He served as a Member of the Supervisory Board at Bayer Business Services GmbH. He studied Economics from Aachen Technical University and Cologne University.

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