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LANXESS announced that Chief Financial Officer, Matthias Zachert, has been named CFO of the Year by Chemical Week magazine at their 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.

Company: LANXESS Web Site: www.us.lanxess.com Location: Pittsburgh, PA 15275 Description: The LANXESS-Group manufacturers high-quality products in the areas of chemicals, synthetic rubber and plastics. The companies’ portfolio comprises basic and fine chemicals, color pigments, plastics, synthetic rubber and rubber chemicals, leather, material protection products and water treatment products. Read more.