MOVES: Former Bayer CEO to head RWE supervisory board

01 May 2009 20:39  [Source: ICIS news]

TORONTO (ICIS news)--Former Bayer CEO Manfred Schneider has been elected chairman of the supervisory board of German energy major RWE, effective immediately, the firm said on Friday.

Schneider was succeeding Thomas Fischer, who was stepping down for personal reasons, RWE said.

His term would have expired in April 2011, it added.

Schneider is also chairman of Bayer’s supervisory board, and he is a former president of Germany’s chemical industry association VCI.

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By: Stefan Baumgarten
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