"Leadership Shifts and Lithium Opportunities: BASF Announces CEO Shakeup and Canadian Miner Eyes Chile's Assets"
Markus Kamieth will succeed Martin Brudermüller as Chairman of the Board of Executive Directors of BASF SE in 2024, following a decision by the Supervisory Board. Anup Kothari and Katja Scharpwinkel have been appointed as members of the Board of Executive Directors, effective March 1, 2024, and February 1, 2024, respectively. Melanie Maas-Brunner will not renew her contract beyond 2024. The Supervisory Board has also extended the contract of Michael Heinz until the Annual Shareholders' Meeting in 2026.