BNET Industries
Last Fiscal Year Sales:$35.9B
- Public
- DE
Dow Jones Description
Bayer is a global enterprise with core competencies in the fields of health care, nutrition and high-tech materials. Our products and services are designed to benefit people and improve their quality of life. At the same time we want to create value through innovation, growth and improved earning power. We already successfully reorganized the Bayer Group and further streamlined our portfolio to create a new Bayer that is focused on its corporate strengths, its customers and the markets of the future. To help us achieve this goal, we then carried out a strategic realignment in order to concentrate in future on three high-potential, agile subgroups with largely independent operations: HealthCare, CropScience and MaterialScience, supported by three service companies. Our operating companies give us the access we need to the growth markets of the future. As an inventor company, we plan to continue setting trends in research-intensive areas. Innovations are the foundation for our competitiveness and our corporate growth, and thus for our success in the future. We believe our technical and commercial expertise entails a duty to contribute to sustainable development ? a principle we wholeheartedly endorse, mindful of its social, ethical and environmental elements. In awareness of our responsibilities as a corporate citizen, we define economy, ecology and social commitment as objectives of equal rank. We seek to retain society?s confidence through performance, flexibility and open communication as we work in pursuit of our overriding corporate goals: to steadily create corporate value and generate high value-added for the benefit of our stockholders, our employees and the community in every country in which we operate.
Director, Finance
Klaus KuhnNumber of Employees 122,100
Peer Companies
NAICS Code Plastics Material and Resin Manufacturing: 325211
Recent Events
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Bayer and United Nations Environment Programme Launch 19th Annual International Children's...
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Bayer Consumer Care Launches CitracalR Calcium Plus Heart Health
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German drug, chemical company Bayer's Q3 net income falls 10 per cent
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Bayer, US Onyx launch phase III trial of Nexavar in patients with non-responsive thyroid cancer
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BRIEF-Credit Suisse raises targets on European pharma cos
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Bayer accused of hiding Yaz contraceptive risk
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Bayer downgraded to neutral from buy at UBS
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Abbott Laboratories to acquire Solvay Pharmaceuticals
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Bayer's contested kidney cancer drug shows benefit
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Bayer names new CEO
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Bayer Introduces CONTOUR USB - The First Blood Glucose Meter With Unique Plug & Play...
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Bayer's next CEO has a year to prepare Today
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Bayer AG tabs outsider as CEO's successor
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Bayer Unveils Management Shuffle
News & Analysis
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bayer ag and pfizer inc. - All News and Analysis
Impotence Pill Makers Fined For Price Fixing
BNET
- 2009-12-01
The Swiss Competition Commission, which is known as WEKO, has fined the Swiss units of Pfizer, Lilly and Bayer a total of $5.7 million for fixing the prices of their erectile dysfunction drugs - Viagra, Cialis and Levitra - through public price recommendations. These recommendations are usually made by pharmacies...
The 10 Weirdest Drug Stories of the Month
BNET
- 2009-05-01
April 2009 has come and gone, and once again it is time for BNET's roundup of the top 10 weirdest drug stories of the month. Enjoy! Bayer has a flock of sheep mow its lawn About 1450 sheep grazed Bayer's Richmond, Calif., campus last nonth, eating...
The 10 Weirdest Drug Stories of the Month
BNET
- 2009-02-27
It's that time again -- another month is done. Here's your roundup of the strange stuff that didn't quite make the front page. Boffins comb old Bayer plant and find abandoned legless robot The Hartford Courant: Jeffrey Townsend, an evolutionary biologist, made his way...
Swiss Allege Price Fixing on Viagra and Cialis
BNET
- 2009-02-10
Swiss authorities have accused Pfizer and Eli Lilly of conspiring to fix prices for Viagra and Cialis. The news has created the best Bloomberg headline ever: "Pfizer, Lilly, Bayer Operated Erection-Drug Cartel, Swiss Say." A couple of days ago BNET noted that Pfizer and Lilly appear to...
Pfizer, Lilly Have Won the ED War; Bayer Wilts
BNET
- 2009-02-06
Pfizer and Eli Lilly appear to have definitively won the erectile dysfunction war: their respective brands, Viagra and Cialis, both showed sales growth in Q4 2008 and for the full year. Lilly's growth was slightly faster, but it is coming off a smaller base. Bayer's brand, Levitra,...
7 Drug Companies Explain How They Dodged (or Didn't) the Credit Crisis
BNET
- 2008-10-22
Drug companies have been the eye of the storm in the recent liquidity crash. High profitability, high cashflow (and making products that people literally can't live without) have left them in a comfortable economic position compared to other consumer-oriented companies. Here’s a selection from recent earnings calls...
Odds May Be Against a Pfizer-Bayer Deal
BNET
- 2008-09-09
The chatter in Europe today is the rumor that Pfizer may be interested in acquiring Bayer. Bayer's stock is trading up on the news. It's an interesting prospect. Pfizer's stock is in the dumpster and won't start looking up until its pipeline starts to revive after 2011....
Pfizer, Novartis, Wyeth, GSK, Bayer to Discuss Latest Tactics and Strategies to Improve Patient Compliance and Communication.
- 2008-01-11
LONDON, January 11 /PRNewswire/ -- eyeforpharma, the global source of information and education for the pharmaceutical industry, announced today that the 5th annual Patient Compliance & Communication conference, London, 11-12 June 2008 has se LONDON, January 11 /PRNewswire/ -- ...
Zacks Analyst Blog Highlights: Onyx Pharmaceuticals, Bayer, Pfizer, Wyeth and Genentech
- 2007-06-07
CHICAGO -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Onyx Pharmaceuticals, Inc. (Nasdaq: ONXX), Bayer (NYSE: BAY), Pfizer (NYSE: PFE),...
goat or gloat; A quick comparison of recent work by competing advertisers.(Chasers)(Pfizer Inc.)(Bayer AG)(Brief article)
- 2006-12-11
Company: Pfizer, New York Agency: N/A Market: CEOs, human resources executives Quick chase: The image of a human head outlined in chalk on a black slate board frames the headline: "Get well soon? We prefer, `Stay healthier longer.' '' But it sur Company: Pfizer, New York...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Klaus Kuhn | Director, Finance |
| Richard Pott | Director, Strategy and Human Resources |
| Wolfgang Plischke | Director, Innovation, Technology and Environment |
| Hartmut Klusik | Head, Product Supply |
| Gary S Balkema | Executive Committee Member |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Arthur J Higgins | Chairman, HealthCare |
| Werner Wenning | Executive Chairman |
| Klaus Kleinfeld | Board of Directors |
| Paul Achleitner | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Bayer AG | Director, Finance | Current |
| University of South Carolina | MBA | Former |
| Organization | Position | Status |
|---|---|---|
| Bayer AG | Director, Strategy and Human Resources | Current |
| University of Cologne | doctorate in physics | Former |
| Organization | Position | Status |
|---|---|---|
| Bayer AG | Director, Innovation, Technology and Environment | Current |
| Bayer HealthCare AG | Manager | Current |
| Bayer HealthCare AG | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Bayer AG | Head, Product Supply | Current |
| Organization | Position | Status |
|---|---|---|
| Bayer AG | Chairman, HealthCare | Current |
| Enzon Pharmaceuticals, Inc. | CEO | Former |
| Pharmaceutical Research and Manufacturers of America | member | Former |
| Bayer HealthCare, Animal Health Division | Chairman | Former |
| Enzon Pharmaceuticals, Inc. | Chairman | Former |
| Organization | Position | Status |
|---|---|---|
| Bayer AG | Executive Chairman | Current |
| Henkel AG & Co. KGaA | Supervisory Board | Current |
Klaus Kleinfeld is president and chief executive officer of Alcoa. He joined the company in 2007 as president and chief operating officer and seven months later assumed CEO responsibilities. He has served on Alcoa's board of directors since 2003. Alcoa is a world leader in the production and management of a very sustainable product: aluminum. Nearly 75% of the aluminum ever produced since 1888 is still in use today. The company has been a technology leader since its beginning, providing more than 90% of the aluminum alloys used in aircraft and space flight; helping making automobiles lighter, without compromising safety or performance; manufacturing sheet that created the ultimate recyclable container, the aluminum beverage can; and providing building and construction industry materials that help further the green building movement. In addition, to serving customers in these markets, Alcoa also markets wheels, fastening systems, precision and investment castings, and building systems. The company has 97,000 employees in 34 countries. Before coming to Alcoa, Mr. Kleinfeld had a 20-year career with Siemens, the global electronics and industrial conglomerate, based in the U.S. and Germany, where he served as chief executive officer of Siemens AG starting in 2005. During his tenure, Mr. Kleinfeld presided over a dramatic transformation of the company, reshaping the company's portfolio around three high growth areas, resulting in increase of revenues and market capitalization nearly doubled. Prior to his service on the Managing Board of Siemens AG, Mr. Kleinfeld was President and Chief Executive Officer of Siemens Corporation, its U.S. arm and the company's largest region. In addition to serving on Alcoa's board, he is a member of the board of Bayer AG. On the personal front, Mr. Kleinfeld was born in Bremen, Germany and educated at the University of Goettingen and University of Wuerzburg, both in Germany. He holds a Ph.D in strategic management and master's degree in business administration. In his leisure time, he enjoys skiing, tennis, the arts and is a marathon runner. Mr. Kleinfeld resides in New York with his wife and children.
| Organization | Position | Status |
|---|---|---|
| Alcoa, Inc. | President & Chief Executive Officer | Current |
| Bayer AG | Board of Directors | Current |
| Alcoa, Inc. | Board of Directors | Current |
| Siemens AG | President & CEO | Former |
| Siemens Corporation | Chief Executive Officer | Former |
| Alcoa, Inc. | Chief Operating Officer | Former |
| Siemens Corporation | Chief Operating Officer | Former |
| Siemens AG | Chief Operations Officer, U.S. | Former |
| Siemens AG | Executive Vice President | Former |
| Siemens AG | Audit Committee Principal | Former |
| Citigroup Inc. | Board of Directors | Former |
| Siemens AG | Board of Directors | Former |
| Siemens Corporation | member | Former |
| Organization | Position | Status |
|---|---|---|
| Allianz SE | Executive Director, Finance | Current |
| Bayer AG | Board of Directors | Current |
| Goldman, Sachs & Co. | Vice President, Mergers & Acquisitions | Former |
| Bain & Company | Manager, Strategy Consulting | Former |
| Organization | Position | Status |
|---|---|---|
| Bayer AG | Executive Committee Member | Current |
| Bayer HealthCare, Animal Health Division | President, Worldwide Bayer Consumer Care Division | Former |
| Fairleigh Dickinson University | master of business administration degree | Former |
Executive News
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Report from Europe: U.S. Close vs. China Rebound
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Alcoa Named Component of Dow Jones Sustainability Index for Eighth Consecutive Year
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Alcoa says global aluminium demand to fall 5.5 pct -Bloomberg
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Siemens To Settle Bribery Charges with Three Former Execs
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Siemens poised to settle with ex-managers
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UPDATE 1-Siemens poised to settle with ex-managers
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UPDATE 1-Siemens poised to settle with ex-managers
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Bayer AG (BAY.F) May Be Ready for Deals After Lost Intervet Bid
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Inventories May Temper Aluminum Rally
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