United States

People: Bayer AG (BAYGn.DE)

BAYGn.DE on Xetra

11:34am EST
Change (% chg)

€1.70 (+1.59%)
Prev Close
Day's High
Day's Low
Avg. Vol
52-wk High
52-wk Low

Wenning, Werner 

Mr. Werner Wenning is Chairman of the Supervisory Board of Bayer AG as of October 1, 2012. He first joined Bayer on April 1, 1966 as a commercial trainee. After completing his vocational training and a one-year program in finance and accounting, he worked for a year in Corporate Auditing before being sent to Lima, Peru, in 1970 to establish and head up the finance department at the newly founded Bayer Industrial S.A. When he returned to Germany, Wenning spent a further three years in the Corporate Auditing department. In 1978, he went back to Lima as Managing Director and administrative head of the Peruvian company. In 1983, Wenning was appointed head of the staff department of what was then the Health Care Sector in Leverkusen. Three years later he transferred to the Plastics Business Group as head of marketing for thermoplastics. In 1987 he assumed responsibility for this business group’s global marketing operations. Starting on April 1, 1991, he was seconded for a year to the “Treuhandanstalt,” the Berlin-based privatization agency that helped to rebuild the economy in eastern Germany following reunification. In 1992, Wenning was appointed Managing Director of Bayer Hispania Industrial S.A., Barcelona, and Senior Bayer Representative for Spain. In April 1996 he returned to Leverkusen to become head of Corporate Planning and Controlling. Wenning was appointed to the Bayer AG Board of Management as Chief Financial Officer in February 1997 and took over as its Chairman in April 2002. Werner Wenning has been Chairman of the Supervisory Board of E.ON AG, Düsseldorf, since May 2011. He is also a member of the Shareholders' Committee of Henkel AG & Co. KGaA, Düsseldorf. Wenning is a member of the Supervisory Board of Siemens AG, München. Wenning served as Vice President of the German Chemical Industry Association (VCI), Frankfurt, for four years until September 2011 and as VCI President from September 2005 to September 2007. He was also Vice President of the Federation of German Industries (BDI

Basic Compensation

Total Annual Compensation, EUR 360,000
Restricted Stock Awards, EUR --
Long-Term Incentive Plans, EUR --
All Other, EUR 10,000
Fiscal Year Total, EUR 370,000

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --