Breaking News

BASF Executives to Take Over Ciba CEO and CFO Roles


Michael Heinz to become CEO, Hans-Juergen Seeger to become CFO

The Board of Directors of Ciba, now part of BASF, has appointed Michael Heinz from BASF as the new CEO of Ciba. In addition to his role as CEO, Mr. Heinz will continue with his responsibilities for the integration of Ciba into BASF. Brendan Cummins is stepping down from his role as CEO and will remain at Ciba in an advisory capacity for the next few months.

Hans-Juergen Seeger, currently managing director of BASF Services Europe GmbH, has been appointed CFO of Ciba, taking over from Niklaus Meier, who had been the ad interim CFO, since the former Chief Financial Officer, Juerg Fedier left the company at the end of 2008.

Both appointments are effective immediately.