22 July 2004 17:30 [Source: ICIS news]
LONDON (CNI)--BASF IT Services is to be reorganised after the managing director (MD) of the company's sales and marketing division abruptly left the company "at his own wish".
The company's sales and marketing division, until now headed by the departing Uwe Krakau, is to be broken up. Part of it will be merged with the company's existing finance and corporate division, headed by Ludwig Daniel Angeli.
The remainder - including the unit that handles IT for parent company BASF, which accounts for about 95% of BASF IT Services' turnover - will be merged with the existing application & infrastructure division. This enlarged operation, headed by Wolfgang Erny, is being renamed sales & delivery.
Erny said the company was "constantly striving to optimise [its] structures and use [its] synergies in order to stay competitive". He re-stated the business' aim to continue to be the preferred IT supplier to BASF, while building its non-BASF operation to 15-20% of its turnover in the medium term.
BASF IT Services employs more than 2300 people and reported a turnover of Euro442m ($550m) in 2003.
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