The Supervisory Board of Bayer AG has appointed Bill Anderson as CEO of Bayer with effect from 1 June 2023. He will join the company as a member of the Board of Management on 1 April 2023. The new appointment is the outcome of a thorough selection process that started mid last year. Werner Baumann, the current CEO of Bayer, will retire at the end of May 2023.
Gleiss Lutz advised Bayer AG's Supervisory Board on corporate law and company pension issues in connection with the appointment of the new CEO.
In-house, the matter was handled by Bayer AG's Head of Corporate Law, Dr. Stephan Semrau, MJur.
Bayer's Supervisory Board was advised by the following Gleiss Lutz team: Prof. Michael Arnold (lead, partner, Corporate), Prof. Martin Diller (partner, Employment), Dr. Moritz Rudzio (counsel), Dr. Silke Hoffmann (both Corporate), Dr. Ricarda Zeh (Employment, all Stuttgart).
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