LANXESS has extended the tenure of Chief Financial Officer Oliver Stratmann by five years, with his new term beginning on 1 September 2026. The Supervisory Board reappointed him to the Board of Management, citing his strong financial stewardship during challenging market conditions.

Chairman Rainier van Roessel and CEO Matthias Zachert highlighted his expertise and strategic value as the company navigates a difficult phase for the global chemicals industry.