Dr. Axel Steiger-Bagel appointed Chief Administration Officer of Bayer MaterialScience AG

27-Feb-2007

Dr. Axel Steiger-Bagel (39) has been appointed Chief Administration Officer (CAO) of Bayer Material Science AG effective March 1, 2007. He will be a member of the Management Board and Executive Committee of this Bayer subgroup. Steiger-Bagel succeeds Prof. Dr. Gottfried Plumpe who is leaving the company by mutual consent.

Axel Steiger-Bagel was born on December 29, 1967 and trained as a bank clerk before taking a law degree. After graduating, he went on to obtain a PhD in international company law from the University of Bonn in Germany in 1997. He then spent two years working for a law firm in Bonn and joined the Legal Department at Bayer AG in 1999. At the beginning of 2002 he transferred to the staff department serving the Board of Management of Bayer AG, where he worked as an assistant to the Chairman of the Board of Management.

Steiger-Bagel has been Senior Bayer Representative and Bayer HealthCare Senior Country Representative in Turkey since mid-2006.

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