September 17, 2012

Bayer AG elects Werner Wenning as chairman of supervisory board

The Supervisory Board of Bayer AG elected Werner Wenning to serve as its chairman from October 1, 2012.

Wenning (65) had already been elected by the Annual Stockholders' Meeting of Bayer AG on April 27, 2012, to become a member of the Supervisory Board effective October 1. He will thus take over as planned from Dr Manfred Schneider (73), who steps down from the Supervisory Board on September 30, after more than 10 years of service.

Schneider has been in the service of the Bayer Group since 1966, including ten years as Chairman of the Board of Management and more than ten years as Chairman of the Supervisory Board.

Wenning was Chairman of the Board of Management of Bayer AG from April 2002 until September 30, 2010. The statutory "cooling-off period," after which a former member of a company's board of management may join its supervisory board, ends after two years.

Wenning's career with Bayer spanned nearly 45 years, during which he rose from trainee to CEO. Born in Leverkusen on October 21, 1946, Wenning joined the company on April 1, 1966 as a commercial trainee. He subsequently held a number of positions with Bayer in Germany and abroad before being appointed to the Board of Management as Chief Financial Officer in February 1997.