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MOSCOW (MRC) -- Bayer’s supervisory
board has announced the appointment of Sarena Lin to the company’s management
board as chief transformation and talent officer, effective 1 February,
according to Chemweek.
She will be
responsible for human resources, strategy, and business consulting and “drive
the accelerated transformation of Bayer,” the company says. She will also serve
as labor director. Lin will be based at Bayer’s Leverkusen, Germany,
headquarters.
Lin will join Bayer from Elanco Animal Health, where she is
a member of the executive committee, responsible for transformation and
technology. She was born in Taipei, Taiwan, and previously worked in senior
positions at McKinsey and Cargill, among other companies.
Elanco acquired
Bayer’s animal health business in 2020.
As MRC reported earlier,
Covestro closed the sale of its European polycarbonates (PC) sheets
business to the Munich-based Serafin Group effective January 2, 2020. This
includes key management and sales functions throughout Europe as well as
production sites in Belgium and Italy.
Covestro (formerly Bayer
MaterialScience) is an independent subgroup within Bayer. It was created as part
of the restructuring of Bayer AG from the former business group Bayer Polymers,
with certain of its activities being spun off to Lanxess AG. Covestro
manufactures and develops materials such as coatings, adhesives and sealants,
polycarbonates (CDs, DVDs), polyurethanes (automotive seating, insulation for
refrigerating appliances) etc.
According to MRC's ScanPlast report,
Russia's estimated consumption of PC granules (excluding imports and
exports to\from Belarus) rose in January-November 2020 by 18% year on year to
83,600 tonnes (70,600 tonnes a year earlier). |
