As of January 1, 2012, Michael Pontzen, currently Head of Corporate Finance within the Group Function Treasury, will take over from Joachim Christ, who is leaving LANXESS at his own request on December 31, 2011.
“We thank Joachim Christ for his extraordinary work and in particular for the successful implementation of a global controlling system,” said Bernhard Düttmann, Chief Financial Officer of LANXESS. “We are very happy to announce that Michael Pontzen, a proven expert who has been with LANXESS since its creation, will take over this important role.”
Michael Pontzen was born in Mönchengladbach in 1969. After obtaining a degree in business studies he occupied positions at Ferrostaal AG, MAN AG and EADS. In November 2004, Pontzen was appointed Head of Investor Relations at LANXESS. He then became Head of Corporate Finance within the Group Function Treasury in October 2008. Since spring 2009, he has also been responsible for Risk and Cash Management.
LANXESS (lanxess.com) is a leading specialty chemicals company with sales of EUR 7.1 billion in 2010 and currently around 15,800 employees in 30 countries. The company is at present represented at 46 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of plastics, rubber, intermediates and specialty chemicals. LANXESS is a member of the leading sustainable indices Dow Jones Sustainability Index (DJSI) World and FTSE4Good.