The Supervisory Board of Lanxess AG (Cologne, Germany; www.lanxess.com) has resolved to appoint Michael Pontzen as a member of the board of management, effective April 1, 2015. He will assume the role of chief financial officer (CFO) at the specialty chemicals company. Pontzen currently heads Lanxess’ corporate controlling group function.
He will succeed Dr. Bernhard Düttmann, who is leaving the company effective March 31, 2015, to take on new career challenges. Düttmann has been Chief Financial Officer at Lanxess since 2011.
Dr. Rolf Stomberg: “We would like to thank Dr. Düttmann for his outstanding work in the past years and wish him well on his future career path. In Michael Pontzen, we have appointed an experienced financial expert from within the company to be the CFO of Lanxess AG. The Supervisory Board wishes him every success in his new position.”
Matthias Zachert, chairman of the board of management of Lanxess AG: “I look forward to welcoming Michael Pontzen as a member of the Management Board team from April. He has worked for Lanxess since its establishment and has held leading functions in almost all of the company’s finance departments.”
Michael Pontzen has held various positions at Ferrostaal AG, MAN AG and EADS. He joined Lanxess in November 2004 as head of the Investor Relations Group Function. In October 2008, he became head of Corporate Finance within the Treasury Group Function. He additionally assumed responsibility for Risk and Cash Management from spring 2009. Pontzen has been head of the Corporate Controlling Group Function since January 2012.