At its ordinary meeting on May 9, 2023, the Supervisory Board of Lanxess appointed Matthias Zachert as CEO of the Group for further 5 years, thus extending his contract. The new mandate will begin on April 1, 2024.
Zachert has been Chairman of the Board of Management of Lanxess AG, Cologne/Germany since April 1, 2014. He was already the company’s Chief Financial Officer (CFO) from 2004 to 2011 and played a key role in establishing the global finance organization and restructuring the portfolio. From June 2011 to March 2014, he was a member of the Executive Board and Chief Financial Officer of Merck KGaA, Darmstadt/Germany.