The German chemical and pharmaceutical company Bayer AG announced yesterday that it had tapped Marijn Dekkers to take over as its chief executive in October 2010.
Dekkers,51, who has both Dutch and US citizenship, is currently the head of Waltham, Massachusetts-based laboratory equipment maker Thermo Fisher Scientific Inc.
Current CEO Werner Wenning, who extended his contract by eight months until next September, will step down shortly before his 64th birthday.
The company said Dekkers would join its management board at the beginning of 2010. It said that in a transitional phase he also will be the chief executive of its Bayer HealthCare unit - succeeding Arthur Higgins, who is leaving the company during the first half of 2010"for personal reasons.
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