– USA, NJ – Wayne T. Smith is the new Chairman and Chief Executive Officer of BASF Corporation, headquartered in Florham Park, New Jersey, effective May 1, 2015. 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.
At BASF, we create chemistry – and have been doing so for 150 years. Our portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. As the world’s leading chemical company, we combine economic success with environmental protection and social responsibility. Through science and innovation, we enable our customers in nearly every industry to meet the current and future needs of society. Our products and solutions contribute to conserving resources, ensuring nutrition and improving quality of life. We have summed up this contribution in our corporate purpose: We create chemistry for a sustainable future. BASF had sales of over €74 billion in 2014 and around 113,000 employees as of the end of the year.
- Disclaimer - News, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.
