Lanxess head of the High Performance Materials (HPM) business unit, Michael Zobel, is to take over the management of subsidiary, Saltigo from Torsten Derr on 1 June, 2020.
Saltigo is a supplier in the field of custom manufacturing for customers in the agrochemical, pharmaceutical and speciality chemicals industries.
Derr will leave Lanxess on 30 June, 2020, to take up the position of SGL Carbon chairman.
“Torsten Derr has had a very successful time at Lanxess and has achieved a great deal, particularly at Saltigo in recent years,” said Lanxess CEO, Matthias Zachert.
Derr has headed Saltigo since April, 2016 and previously held various positions at Bayer and Lanxess since 1998.
Zobel has been head of the Lanxess High Performance Materials business unit since October, 2010. Its portfolio comprises mainly high-tech plastics for the automotive and electrical industries. Prior to this, he held various positions at Bayer and Lanxess since 1997.
The name of Zobel’s successor as head of the HPM business unit will be announced at a later date.