24.09.2014 • News

Frank H. Lutz to be new CFO of Bayer MaterialScience

Frank H. Lutz (45) has been appointed CFO of Bayer MaterialScience effective October 1, 2014. He succeeds Dr. Axel Steiger-Bagel, who takes over on November 1 as Senior Bayer Representative for the Benelux countries, based in Diegem, near Brussels. Lutz - like his predecessor - will be a member of the Board of Management of Bayer MaterialScience and that subgroup's Executive Committee.

He will be responsible for all finance-related matters of MaterialScience, which it is planned to float on the stock market as a separate company in 12 to 18 months' time. His responsibilities on the Executive Committee will also include administration and services along with the Europe, Africa and Middle East regions (EMEA / EEMEA).

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