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From 2002 to 2013, he served as a member of the Board of Management of Bayer AG with responsibility for Strategy and Human Resources.
There has been reported speculation in the industry for some time that Martin Dekkers, CEO of Bayer AG, might sell the plastics business in order to expand in healthcare and broaden its drug and life-science offerings.
The effect of Merck's tactics has been to withhold important information from the financial markets, putting Schering stockholders at a disadvantage and harming Bayer," explained Bayer AG General Counsel Dr.
governments," said Bayer AG chief executive Manfred Schneider on October 23.
president and general manager, Business Group Pharma, Bayer AG.
The Management Board of Bayer AG announced today that on July 1, 2012, Philip Blake will become Senior Bayer Representative (SBR) USA, following a common company practice of assigning this oversight role to a senior executive already holding a significant business role or roles within the region.
Effective March 31, 2015, Olivier Brandicourt (59), Chairman of the Board of Management of Bayer HealthCare AG and member of the Executive Council of Bayer AG, will leave the company to become new CEO of Sanofi as of April 2, 2015.
Circuit Court of Appeals in New York in a case involving Germany's Bayer AG and the anthrax treatment Cipro, said courts should presume that a "pay for delay" or "reverse payment" agreement is illegal and should force the drug companies to justify why the deal was reached.
Dritte BV GmbH, a subsidiary of Bayer AG, may continue to purchase Schering shares in open market or privately negotiated transactions - If Schering shares are purchased in such transactions at prices above EUR 86.
A federal grand jury indicted two former executives at German chemical maker Bayer AG for allegedly taking part in an international price-fixing scheme that drove up the costs of rubber chemicals used to make shoes, tires and other products.
Foam-backed auto-interior trim with soft-feel surfaces can now be made in two steps instead of six, thanks to a process developed at BMW AG in Germany with the cooperation of Bayer AG.
Bayer AG, Leverkusen, Germany, plans to sell three businesses and will give its four core divisions more freedom to seek alliances under a restructuring plan aimed at improving profits.
Table 22: Total Bayer AG revenue by business unit ($m), 2001-07 95