Basell names Alan Bigman CFO, succeeding Wolfgang Mende

14-Nov-2005

Basell announced that Alan Bigman, Senior Vice President of Access Industries, will succeed Wolfgang Mende as Chief Financial Officer of Basell Holdings B.V. on January 1, 2006. Bigman will also be a member of the Company's Management Board. Mende, CFO and member of the Management Board since the Formation of Basell in October 2000, will return to Shell as Executive Vice President Finance, Shell Trading. Access Industries acquired the Basell group of companies from Shell and BASF on August 1, 2005.

Bigman, who earned a bachelor's degree from Yale and an MBA from Harvard, joined Access Industries in 1996 as Vice President, U.S. and International Investments, based in New York City. From 1998 to 2004, he served in several Access Industries portfolio companies, including the positions of Director of Corporate Finance at Tyumen Oil Company (TNK/TNK-BP) in Moscow and Vice President, Finance at SUAL in Moscow. Currently based in London, he will move to Basell's corporate centre in Hoofddorp, The Netherlands.

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