BNET Industries

Bayer AG

BAY is in the Manufacturing Industry

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, FinanceKlaus Kuhn
Number of Employees 122,100
Contact Information

Leverkusen 51368

www.bayer.com

49 (0)214 / 30-1

NAICS Code Plastics Material and Resin Manufacturing: 325211

Recent Events

  • CORRECTED - UPDATE 1-DuPont, Bayer settle seed lawsuits

    6/25/09 - Legal Settlement - View Story

  • Bayer MaterialScience's Baytubes® Carbon Nanotubes Contribute To The Next Wave Of ...

    6/18/09 - Financial Announcement - View Story

  • Bayer Diabetes Care Launches A1CNowR SELFCHECK, a New A1C Monitor for At-Home Use

    6/02/09 - Product Announcement - View Story

  • Paulding woman sets sights on justice after suffering ailments blamed on Bayer birth-control pill

    5/31/09 - Lawsuit Filed - View Story

  • Onyx Faces Uncertain Times After Suing Drug Partner Bayer

    5/18/09 - Merger / Acquisition - View Story

  • Onyx Pharmaceuticals Inc files lawsuit against collaboration partner Bayer

    5/18/09 - Joint Venture / Alliance - View Story

  • Onyx files complaint against Bayer

    5/18/09 - Lawsuit Filed - View Story

  • UK Cost Agency Rejects Bayer Drug in Liver Cancer

    5/10/09 - Product Announcement - View Story

  • UK cost agency rejects Bayer drug in liver cancer

    5/07/09 - Financial Announcement - View Story

  • Bayer and Ardea Biosciences Enter Global Agreement Focused on the Development of MEK Inhibitors for...

    4/28/09 - Joint Venture / Alliance - View Story

  • Genzyme Q1 profit rises; Backs FY09 forecast

    4/22/09 - Joint Venture / Alliance - View Story

  • Picturing a New World: UNEP and Bayer Announce North American Winners of 2009 International Children's...

    4/22/09 - Joint Venture / Alliance - View Story

  • Israel's Ben-Gurion University in deal with Bayer

    4/19/09 - Joint Venture / Alliance - View Story

  • Genzyme Takes Bayer to Relieve Headache of Entering Seattle Biotech Hub, an Industrial Info News...

    4/15/09 - Joint Venture / Alliance - View Story

  • Bayer Materialscience Conducts Realistic Abrasion Test in an Automatic Car Wash

    4/10/09 - Financial Announcement - View Story

  • Bayer enters strategic agreement with Genzyme

    3/31/09 - Joint Venture / Alliance - View Story

  • BRIEF-Bayer says has acquired certain products of AgroGreen

    3/31/09 - Merger / Acquisition - View Story

  • Bayer 2008 revenue rises, profit plunges

    3/04/09 - Merger / Acquisition - View Story

  • SpringStar Takes Major Role on World Stage Protecting Children from Dengue Mosquitoes

    2/10/09 - Joint Venture / Alliance - View Story

News & Analysis

bayer ag - All News and Analysis

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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

  • A Giant Sucking Sound Lurking Beneath the Empire Index?

    Seeking Alpha - 6/17/09 - View Story

  • CEO presses Kremlin chief on red-tape nightmare

    Forbes.com - 6/06/09 - View Story

  • Alcoa President and CEO Klaus Kleinfeld to Present at Sanford C. Bernstein Strategic Decisions Conference

    Business Wire - 5/28/09 - View Story

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