NewswireToday - /newswire/ -
Leverkusen, Germany, 2010/04/16 - LANXESS’ Chief Financial Officer Matthias Zachert has been voted Europe’s top CFO in the chemicals sector by the buy- and sell-side, according to the annual rankings of the well-renowned, U.S.-based magazine Institutional Investor. FRA: DE Frankfurt: LXS
In addition, the Investor Relations team of the specialty chemicals company - headed by Oliver Stratmann - was voted best team in the European chemicals sector by sell-side analysts as well as second best team in Germany across all sectors.
The results are based on a survey of 650 portfolio managers and investment officers at 385 buy-side companies managing USD 3 trillion in pan-European equities, as well as 1,094 sell-side analysts at 146 companies. The survey was carried out between October 2009 and January 2010.
Participants were asked by the publication to nominate the best CFO based on his or her effectiveness in meeting the information needs of the investment community. The Investor Relations rankings were based on several categories, including ‘access to top management’, ‘credibility’, ‘industry knowledge and ‘transparency’.
“We are very honored to receive this recognition, which demonstrates how important transparent and regular communication is - not just in good but also in challenging times,” said CFO Zachert.
The complete list of rankings will be published in the April print and online issues of Institutional Investor. For more information please visit iimagazine.com/.
LANXESS (lanxess.com) is a leading specialty chemicals company with sales of EUR 5.06 billion in 2009 and currently around 14,300 employees in 23 countries. The company is represented at 43 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of plastics, rubber, intermediates and specialty chemicals.
This news release contains forward-looking statements based on current assumptions and forecasts made by LANXESS AG management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.
You can find further information concerning LANXESS chemistry in our WebMagazine at webmagazine.lanxess.com/.
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