The CEO of Bayer Werner Baumann and Supervisory Board Chairman Werner Wenning pose as they arrive for the group's annual general meeting at the World Conference centre in Bonn, western Germany on April 26, 2019.Bayer, which is fighting claims its weed killer Roundup causes cancer, said its Chairman Werner Wenning was stepping down because the drugs and crop protection company was making good progress in settlement talks.
Norbert Winkeljohann, who was head of auditing firm PricewaterhouseCoopers Europe SE until June 2018 and has been a member of Bayer’s supervisory board since 2018, will succeed Wenning after the annual shareholders’ meeting on April 28, the company added.Wenning, whose term as chairman of Bayer’s non-executive supervisory board would have expired in 2022, said he had originally intended to step down last year after reaching the board’s recommended age limit of 72, but was asked to stay on.
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