Hints and tips:
...“We have asked [Mr Bock] to stand for election to the supervisory board in 2020, so that the company can continue to benefit from his expertise and experience,” Jürgen Hambrecht, chairman, said on Thursday...
...The 56-year old will succeed Kurt Bock in early May. Mr Bock, who has been leading the Ludwigshafen-based company since 2011, is stepping aside three years before his contract ends in 2021....
...Under Jürgen Hambrecht, BASFs previous chief executive, the company sought to move away from commoditised, cyclical businesses to focus more on specialised, close-to-customer products....
...The manager vowed to continue the strategy of his predecessor Jürgen Hambrecht, who headed the German group for the past eight years....
...“It is a privilege to work for a company that is positioned so well,” Mr Bock said this week....
...Jürgen Hambrecht, BASF chief executive, hinted at another dividend increase for this year when he said the group expected to once again earn a high premium on the cost of capital in 2011....
...Jürgen Hambrecht, BASF’s outgoing chief executive, recently lifted the group’s profit forecast on the back of rapidly growing sales in China and the US in particular....
...“Cognis is much closer to the customer and [more] market-driven than BASF,” Jürgen Hambrecht, BASF’s chief executive, said....
...Kurt Bock, chief financial officer, said BASF had other opportunities if this deal failed....
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