R. Jeffrey Bailly brings more than three decades of manufacturing, M&A and business-transformation experience as the supplier targets higher-margin markets.
Katja Scharpwinkel and Anup Kothari will remain on BASF’s executive board through its 2030 annual shareholders’ meeting following the supervisory board’s decision.
The coatings companies shortened a key board-governance period and lowered an approval threshold following shareholder discussions about their proposed combination.
