Aventis Management Board to Propose Changes at Supervisory Board Meeting on March 6, 2002

05-Mar-2002
Strasbourg, France - After the successful completion of the merger, the Management Board of Aventis will propose to the Supervisory Board of Aventis - at a meeting to be held on March 6, 2002 - a new composition of the Supervisory Board and Management Board to fully reflect the focus of Aventis as a pure pharmaceutical company. Jürgen Dormann, currently Chairman of the Management Board, and Jean-René Fourtou, currently Vice-Chairman of the Management Board, should become members of the Supervisory Board of Aventis. This may then result in resolutions to be voted on by the shareholders at the Annual General Meeting on May 14, 2002. It will also be proposed that Jürgen Dormann should become Chairman of the Supervisory Board and Jean-René Fourtou Vice- Chairman of the Supervisory Board. “After we have successfully completed the integration process at Aventis and implemented the concentration on the pharmaceuticals business, we feel it is the right time for us to join the Supervisory Board of Aventis, while strengthening the management of Aventis with additional pharmaceutical executives”, said Jürgen Dormann, Chairman of the Management Board, and Jean-René Fourtou, Vice-Chairman, in a combined statement. On March 6, it will be further proposed by the Management Board to the Supervisory Board of Aventis, that after May 14, 2002, Igor Landau would become Chairman of the Management Board and Horst Waesche would become Vice-Chairman of the Management Board. “Under the joint leadership of Igor Landau and Horst Waesche, the new team will build on the strong performance of Aventis Pharma. In particular, it will include Richard J. Markham, proposed as President and Chief Operating Officer, and Patrick Langlois, proposed as Senior Executive Vice President and Chief Financial Officer”, said Jürgen Dormann, Chairman of the Management Board, and Jean- René Fourtou, Vice-Chairman of the Management Board of Aventis. Following the Supervisory Board meeting on March 6, 2002, more details will be communicated in the afternoon

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