Oliver Stratmann Secures New Five-Year Term as LANXESS Chief Financial Officer

Manufacturing-News

The Supervisory Board of specialty chemicals group LANXESS has renewed Oliver Stratmann’s mandate on the Board of Management, extending his role as Chief Financial Officer for an additional five years. His next term will begin on September 1, 2026, directly following the completion of his initial three-year appointment.

“Oliver Stratmann has delivered outstanding performance as Chief Financial Officer during a difficult period. Reliable and strategic financial management is especially crucial now, and his deep expertise in financial markets provides significant value,” stated Rainier van Roessel, Chairman of the Supervisory Board.

CEO Matthias Zachert also expressed his approval: “I am pleased that Oliver Stratmann will remain part of our executive leadership. His experience will continue to play a key role as we navigate the current challenges facing the global chemical sector.”

LANXESS is a global specialty chemicals company known for developing high-performance materials and chemical intermediates used across industries such as automotive, agriculture, construction, and consumer goods. Headquartered in Cologne, the company focuses on innovative, sustainable solutions that help manufacturers improve product durability, efficiency, and environmental impact. Its portfolio includes additives, colorants, plastics, and a range of chemical components that support advanced industrial processes worldwide.

In recent years, LANXESS has intensified its efforts to streamline operations, strengthen its balance sheet, and pursue growth in markets with strong long-term potential. Sustainability is a central pillar of its strategy, with initiatives aimed at reducing emissions, optimizing resource use, and expanding environmentally responsible product lines. Through strategic partnerships and continuous technological development, the company positions itself as a forward-looking player in a rapidly evolving global chemicals landscape.