Marcus Kuhnert has been appointed new chief financial officer of German chemicals and pharmaceuticals producer Merck KGaA, effective Aug. 1, 2014.
Since 2010, the 45-year-old manager born in Chicago, U.S.A. has been CFO of the Laundry & Home Care business unit at Henkel, with sales of €4.6 billion annually. He succeeds Matthias Zachert, who left Merck to head Lanxess at the beginning of April.
Building on the April 2025 announcement, Dow will take actions across its three operating segments to support European profitability, resulting in the closure of sites in Germany and the UK.
Compelling solutions through strategic partnerships
BASF sells a majority stake in its coatings business to the investor Carlyle.
Novo Nordisk announced a global workforce reduction of approximately 9,000 positions to streamline operations and reinvest DKK 8 billion (€1 billion) in growth opportunities for diabetes and obesity treatments.
Ineos CEO Ineos calls on European politicians to save the chemical industry.
