Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Xetra  >  Bayer AG    BAYN   DE000BAY0017

BAYER AG

(BAYN)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Bayer : to Reduce Size of Management Board

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/10/2019 | 09:37am EDT

By Kim Richters

Germany's Bayer AG (BAYN.XE) said Tuesday that it will reduce its management board to five members from seven as part of an efficiency program.

Hartmut Klusik and Kemal Malik will leave the pharmaceutical and chemical company as of Dec. 31, the company said, and their responsibilities will be reallocated.

Mr. Klusik has been a management board member since 2016 and is responsible for human resources, technology and sustainability and serves as Bayer's labor director. Mr. Malik is responsible for innovation and the Asia-Pacific region and has been serving as member of the management board since 2014.

"By streamlining the structure of the board of management, we are optimizing the allocation of responsibilities and contributing to the company's ongoing efficiency program," said Werner Wenning, chairman of the company's supervisory board.

Write to Kim Richters at kim.richters@wsj.com

Stocks mentioned in the article
ChangeLast1st jan.
BAYER AG 0.07% 68.06 Delayed Quote.12.38%
SIEMENS AG 0.22% 96.92 Delayed Quote.-0.47%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on BAYER AG
09/11BAYER : opens application window for Grants4Traits™ and Grants4Biologicals..
PU
09/10BAYER : to reduce size of management board to five
RE
09/10BAYER : to Reduce Size of Management Board
DJ
09/10BAYER : reduces size of Board of Management from seven to five members
PU
09/10BAYER : launches latest fungicide innovation, iblon™ technology
PU
09/10Elliott Appears to Revert to Old Form -- WSJ
DJ
09/09Big Ag wants a cut of booming fake-meat market
RE
09/09Germany Offers a Model to Corporate America on Labor Relations
DJ
09/06BAYER : Yields more than doubled during 4-year project with smallholder farmers
PU
09/06BAYER : Counters Accusations Involving Monsanto Weedkiller
DJ
More news
Financials (EUR)
Sales 2019 46 067 M
EBIT 2019 8 274 M
Net income 2019 3 199 M
Debt 2019 37 472 M
Yield 2019 4,17%
P/E ratio 2019 21,2x
P/E ratio 2020 13,9x
EV / Sales2019 2,19x
EV / Sales2020 2,06x
Capitalization 63 469 M
Chart BAYER AG
Duration : Period :
Bayer AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends BAYER AG
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 28
Average target price 78,94  €
Last Close Price 68,15  €
Spread / Highest target 80,5%
Spread / Average Target 15,8%
Spread / Lowest Target -43,1%
EPS Revisions
Managers
NameTitle
Werner Baumann Chairman-Management Board
Werner Wenning Chairman-Supervisory Board
Wolfgang U. Nickl Chief Financial Officer
Katharina Jansen Head-Science & Research
Hartmut Klusik Head-Human Resources, Technology & Sustainability
Sector and Competitors
1st jan.Capitalization (M$)
BAYER AG12.38%70 287
JOHNSON & JOHNSON1.07%345 150
ROCHE HOLDING LTD.10.52%236 116
MERCK AND COMPANY8.11%211 513
PFIZER-15.44%204 151
NOVARTIS18.45%200 777