BASF: Dr. Jürgen F. Strube honored with the John J. McCloy Award
Dr. Jürgen F. Strube, Chairman of the Board of Executive Directors of BASF Aktiengesellschaft, was honored with the John J. McCloy Award for "outstanding economic and cultural contributions to German-American relations" on Monday, May 7, 2001. One of the reasons for the award, which was presented at a dinner in New York, was the expansion of BASF's operations in the United States. The company operates more than 50 sites - including 2 Verbund sites - in the United States and employs approximately 15,000 people; in addition, it is currently building the world's largest liquids steam cracker in Texas.
According to the American Council on Germany, which presents the McCloy Award, Dr. Strube exemplifies its mission to promote open communication and mutual understanding between the United States and Germany. From 1995 to 1996, Dr. Strube was the first German chairman of the Transatlantic Business Dialogue, an organization that aims to remove trade barriers.
In his acceptance speech, Dr. Strube reflected on the similarities between Germany and the United States and stressed the important role that global business leaders can play in facilitating the international exchange of new ideas.
Dr. Strube shares the award with Michael Bonsignore, Chairman and CEO of Honeywell Inc. Past recipients of the McCloy Award include Douglas A. Warner (J.P. Morgan), Lee Raymond (Exxon), Hilmar Kopper (Deutsche Bank) and Eberhard von Kuenheim (BMW).
John J. McCloy was one of the first U.S. High Commissioners in Germany after World War II and played a major role in re-establishing democracy and a free market economy. McCloy served as an adviser to nine U.S. presidents. He was Chairman of the Chase National Bank and presided over its fusion with the Bank of Manhattan to form the Chase Manhattan Bank. John J. McCloy was one of the founders of the American Council, of which he was Chairman until shortly before his death in 1989.
The American Council on Germany is a private, nonprofit organization that was founded in 1952. It supports bilateral relations through exchange programs for future public policy and corporate leaders as well as conferences and discussion meetings for government and industry leaders from Germany and the United States.
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