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Lanxess chief executive Heitmann to step down; former CFO Zachert named next CEO (updated)

2:22 PM MST | January 27, 2014 | Deepti Ramesh

Lanxess says that executive chairman Axel Heitmann has agreed to resign “by mutual agreement,” effective 28 February. The supervisory board has appointed Matthias Zachert, former chief financial officer (CFO) of Lanxess and current CFO at Merck KGaA, as Heitmann’s successor, effective 15 May 2014. Until Zachert joins, Lanxess CFO Bernhard Duettmann will perform the responsibilities of board chairman....

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