Adhesives Magazine

LANXESS' ZACHERT NAMED CFO OF THE YEAR BY CHEMICAL WEEK MAGAZINE

August 20, 2008

LANXESS Chief Financial Officer Matthias Zachert was recently named CEO of the Year at Chemical Week magazine’s 13th Annual CFO Conference.

Chemical Week’s CFO of the Year Award was established in 2001 to recognize and honor the best in the chemical industry for financial leadership. The award highlights the role the CFO plays in the stewardship of any business and emphasizes the important responsibility the position assumes in setting a tone of trust and integrity within the culture of an organization.

Robert Westervelt, Chemical Week editor-in-chief, said, “The analysts and editors chose Mr. Zachert for CFO of the year because of his outstanding contribution to the chemical industry through vision and leadership, corporate reporting and performance, social responsibility, innovation, and global competitiveness.”

Earlier in the day, Mr. Zachert was the keynote presenter on the topic of Surviving and Thriving in Today’s Financial Turbulence. Mr. Zachert was appointed Chief Financial Officer of LANXESS AG in 2004.