The Supervisory Board of Bayer AG (a DiversityInc Noteworthy Company) has extended the current service contract of Chief Financial Officer Johannes Dietsch (55) until May 31, 2018. After that date, Johannes Dietsch will be leaving the company at his own request.
“Designing the detailed financing of the Monsanto acquisition and the ongoing approval and integration processes are key milestones of the transaction which still lie ahead of us. With his expertise, Johannes Dietsch will be providing substantial support in this important phase and helping to lead the Monsanto acquisition to a successful conclusion,” said Werner Wenning, Chairman of the Supervisory Board of Bayer AG.
“Over the past 35 years, Johannes Dietsch has contributed to the success of Bayer in a number of different functions. We are very grateful to him for this service and would like to wish him all the best for when he leaves the Bayer Board of Management.” Dietsch’s successor as CFO will be announced at a later date.
Johannes Dietsch has been a member of the Board of Management of Bayer AG since September 1, 2014. He is responsible for Finance and for the Asia/Pacific and North America regions. Dietsch was born in Wermelskirchen, Germany, on January 2, 1962. After graduating from high school, he joined Bayer as a commercial trainee.
On completion of his training in 1984, he held a number of management positions in various departments within the company. He gained several years of overseas experience during two assignments at Bayer Japan Ltd., latterly as Chief Financial Officer in finance and administration. On July 1, 2002, Dietsch became Head of Finance in the Corporate Center of Bayer AG.
His area of responsibility included Treasury, Corporate Finance, Financial Controlling, Asset Management Pensions, Mergers & Acquisitions and Taxes. In September 2011, he was appointed as Senior Bayer Representative and CFO for Greater China at Bayer China in Shanghai.
Johannes Dietsch is married and has three children.