By Kim Richters

Bayer AG said Wednesday that Norbert Winkeljohann will become chairman of its supervisory board effective Apr. 28.

Mr. Winkeljohann will succeed Werner Wenning who has been with the company for more than 50 years and became board chairman in 2012, Bayer said.

Mr. Wenning had originally planned to step down last year but was asked by the supervisory board to extend his mandate "in view of the company's situation at that time," according to Bayer.

Mr. Winkeljohann has been a member of Bayer's supervisory board since May 2018. The supervisory board proposed former TUI AG Chief Financial Officer Horst Baier for Mr. Winkeljohann's soon-to-be vacant board seat.

Write to Kim Richters at kim.richters@wsj.com

(END) Dow Jones Newswires

February 26, 2020 04:28 ET (09:28 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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