Hans Engel Appointed Chairman and CEO of BASF Corporation

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May 11, 2011, 09:00 ET

FLORHAM PARK, N.J., May 11, 2011 /PRNewswire/ -- Hans Engel is the new Chairman and Chief Executive Officer of BASF Corporation, headquartered in Florham Park, New Jersey, effective May 6, 2011. He succeeds Kurt Bock, who became the new Chairman of the Board of Executive Directors of BASF SE at BASF's global headquarters in Ludwigshafen, Germany.

Hans Engel (52) started his career at BASF in the Legal department in Ludwigshafen in 1988. In 1997, he became Managing Director of BASF Schwarzheide GmbH, Germany. From 2000 until 2006, he was Executive Vice President and Chief Financial Officer of BASF Corporation based in New Jersey. In 2008, Engel was named to BASF's Board of Executive Directors. In his most recent position he was responsible for the Oil & Gas Division, the Europe Regional Division and the Competence Center Global Procurement & Logistics.

Hans Engel was born in Gottingen, Germany, in 1959. He studied law at the Universities of Gottingen and Freiburg, Germany, from 1977 until 1983. He completed legal training from 1984 to 1987 at the Higher Regional Court, Oldenburg, Germany, before earning his doctorate at the University of Gottingen. Engel is married and has two children.

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BASF – The Chemical Company

BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has approximately 16,400 employees in North America, and had sales of $17.7 billion in 2010. For more information about BASF's North American operations, visit www.basf.us.

BASF is the world's leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products, and agricultural products to oil and gas. As a reliable partner, BASF creates chemistry to help its customers in virtually all industries to be more successful. With its high-value products and intelligent solutions, BASF plays an important role in finding answers to global challenges, such as climate protection, energy efficiency, nutrition and mobility. BASF posted sales of more than euro 63.9 billion in 2010 and had approximately 109,000 employees as of the end of the year. Further information on BASF is available on the Internet at www.basf.com or in the Social Media Newsroom at newsroom.basf.com.

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