Please login to the form below

Not currently logged in
Email:
Password:

Merck KGaA loses CFO to Lanxess

Matthias Zachert joins chemical company as CEO
Lanxess Matthias Zachert

Merck KGaA's chief financial officer Matthia Zachert is to step down after three years to join the chemical firm Lanxess as CEO.

The move is a return to Lanxess for Zachert who was with the Cologne-based firm from 2004 to 2011, serving as chief financial officer.

He takes over from Axel Heitmann who is to step down by mutual agreement at the end of February, with Zachert's induction to take effect no later than May 15, 2014.

Lanxess' chair of the supervisory board Rolf Stomberg explained the change of senior management.

“Lanxess is facing significant challenges, for example in terms of market capacities and business portfolio,” he said. “Therefore, the supervisory board believes it is the right time to hand over responsibility to a new leadership in order to overcome these challenges.”

Merck's vice chairman Frank Stangenberg-Haverkamp expressed his “regret” at the departure of Zachert.

“We are losing a proven expert who during his three years at Merck has realigned the global finance organisation and played a significant role in our transformation programme,” Stangenberg-Haverkamp said.

“We very much regret that Matthias Zachert will leave Merck, but understand his decision in light of the attractive assignment,” he added.

Merck said its board will decided a successor in due course.

28th January 2014

From: Sales

Share

Tags

Subscribe to our email news alerts

Featured jobs

PMHub

Add my company
Create Health

A specialist Advertising and Med Comms agency dedicated to bringing much-needed creativity to healthcare marketing. We believe that brilliant ideas...

Latest intelligence

Is communication failing us?
Compelling people to care in a world oversaturated with news and information...
Are your field teams ready to excel in the new era?
A qualitative research approach to help you critically assess post-pandemic learnings and ignite the potential of meaningful interactions with HCPs....
5 Healthcare Marketing Blunders | How To Avoid Them.
Here are 5 healthcare marketing blunders and how best to avoid them....