Stefan Oelrich to Join Bayer Board of Management and Head Pharmaceuticals Division

Originally Published by Bayer.

The Supervisory Board of Bayer AG has appointed Stefan Oelrich (50) to the company’s Board of Management. He will succeed Dieter Weinand as head of the Pharmaceuticals Division as of November 1, 2018. Weinand is leaving the company for family reasons. He will be joining the Executive Committee of Sanofi and will be based in the United States. Oelrich is currently a member of the Executive Committee of Sanofi with responsibility for the global diabetes and cardiovascular business. He previously had a long career in Bayer’s Pharmaceuticals business.


“We would like to thank Dieter Weinand for his great commitment and his contribution to the very successful development of our Pharmaceuticals business in recent years. We wish him all the best in his new role on the Executive Committee of Sanofi,” said Werner Wenning, Chairman of the Supervisory Board of Bayer AG. “At the same time, we are pleased to welcome Stefan Oelrich, a proven expert with international experience who is very familiar with Bayer’s Pharmaceuticals business.”

In addition, the Supervisory Board on Thursday extended the contract of Liam Condon (50) by five years, meaning that the Head of the Crop Science Division will continue to serve on the Board of Management until the end of 2023. The contract of Dr. Hartmut Klusik (62), Labor Director and Member of the Board of Management responsible for Human Resources, Technology and Sustainability, has been extended by a year until the end of 2019.

Stefan Oelrich was born in Wilhelmshaven, Germany, on June 1, 1968. After graduating from high school in Paris, France, he joined Bayer as a commercial trainee in 1989 and qualified as a commercial assistant in 1991. Over the next 20 years, he held a number of positions of increasing responsibility in the health care business in Latin America, Europe and the United States. In 1998, after working in Argentina and Uruguay, Oelrich transferred to headquarters in Leverkusen for two years before assuming responsibility for Pharmaceuticals in Belgium. Between 2003 and 2005, he was Vice President of Marketing at Pharmaceuticals in the United States. He was subsequently appointed President of Healthcare and Diagnostics in France. In 2006, Oelrich returned to the United States as Senior Vice President and General Manager of Women’s Healthcare.

Five years later, he joined Sanofi as General Manager in Germany, Switzerland and Austria. In 2015, having been heavily involved in establishing Sanofi’s global Diabetes and Cardiovascular business unit, Oelrich became head of this business in Europe. At the same time, he served as Sanofi Europe Coordinator. In 2016, Oelrich became head of Sanofi’s global diabetes franchise. A year later, he was appointed Executive Vice President Diabetes & Cardiovascular on the Executive Committee of Sanofi.

Also since 2016, Oelrich has been a member of the Supervisory Board of the Berlin Institute of Health. A citizen of Germany, Oelrich is married and has two children.

Dieter Weinand has been a member of the Board of Management of Bayer AG and head of the Pharmaceuticals Division, headquartered in Berlin, Germany, since January 1, 2016. He was born in Boppard, Germany, in 1960. He earned an M.S. in pharmacology and toxicology from Long Island University, New York, and a B.A. in biology from Concordia College, New York.

Over a period of more than 30 years, Weinand held various responsibilities in commercial, operational and strategic roles at a number of pharmaceutical companies including Pfizer and Bristol-Myers Squibb. Before moving to Bayer, he was President, Global Commercialization & Portfolio Management at Otsuka Pharmaceutical Development & Commercialization Inc. in Princeton, New Jersey, USA.

From August 1, 2014, until his appointment to the Board of Management of Bayer AG, Weinand was a member of the Bayer HealthCare Executive Committee and head of the Pharmaceuticals Division.

Dieter Weinand is married and has three children.

Latest News

Inherent Racism Revealed in COVID-19 Vaccine Trials; Texas Sheriff Charged in Death of Javier Ambler While in Police Custody; AOC Attacks Trump Over $70k Spent on His Hair; and More

Major COVID-19 vaccine trials currently underway lack racial inclusion. The research being carried out in search of a vaccine for COVID-19 contains a startling lack of diversity, according to a new story from Fast Company’s Kristin Toussaint. While the stats on COVID-19’s attack on people of color continue to alarm…

Anti-Asian Racism in the United States Continues to Soar as a Result of Attitudes Over COVID-19; the Myth of ‘Defund the Police’; and More

Pandemic continues to cause soaring levels of anti-Asian racism. It was only a matter of time: the White House’s constant referral to COVID-19 as the “China Virus” has indeed caused a tidal wave of continuing racism against people of Asian ancestry, according to a new report published in the American…

Biden Stands by His Commitment to LGBTQ rights; Cost of Racism in the U.S. Tops $16 Trillion; Black and Latinx Continue to Die from COVID-19 at Nearly Twice the Rate of Whites; and More

Biden reaffirms commitment to LGBTQ rights; promises to pass Equality Act. Democratic presidential nominee Joe Biden doubled down on his promises to the LGBTQ community while speaking at a presidential town hall for the Human Rights Campaign Foundation on Sept. 24. “You deserve a partner in the White House to…

degeneres, work, show

Leadership Lessons to be Gleaned from Ellen DeGeneres’ Toxic Workplace Scandal

Ellen DeGeneres began her daytime talk show’s 18th season with an apology after a summer of allegations against her that claimed her show promoted a toxic work environment rife with racism, sexual misconduct and other mistreatment. In August 2020, three senior producers — executive producers Ed Glavin and Kevin Leman…

COVID entrepreneur

Explosive New Growth in Small Businesses Due to COVID-19; America’s Police Force is Not Becoming More Diverse Despite BLM Movement; the Best and Worst Performing States in the 2020 Census; and More

Even with incredible nationwide unemployment rates, the creation of new small and diverse businesses has exploded due to COVID-19. Finally some news coming out of our pandemic: The Philadelphia Tribune reports that as bars and restaurants closed and stay-at-home orders were put into place earlier in 2020 to help fight…

Justice for Breonna not served; The essential rule of politics; Teen serves two months in jail for not doing homework; and More

Justice for Breonna not served as grand jury indicted officer who shot her with wanton endangerment — but not murder. “Outrageous and offensive.” Those were  by attorney to the family, Ben Crump to describe the grand jury’s decision in the March 13 fatal police shooting of 26-year-old Breonna Taylor. While…

IBM, EEOC, age

EEOC Unearths Years of Intentional Age Discrimination within IBM

After a long investigation, the Equal Employment Opportunity Commission (EEOC) has revealed that IBM leaders had directed managers to replace older workers with younger ones. Between 2013 and 2018, nearly 86% of those considered for layoffs within the organization were older employees over the age of 40. The investigation showed…