Chief Barner To Pass Baton To Baumbach At Boehringer
This article was originally published in Scrip
Executive Summary
Professor Dr Andreas Barner is to step aside from the helm of family-owned Boehringer Ingelheim, to be succeeded by current finance chief, Hubertus von Baumbach, who is a member of the founding family. Barner will move from the role of chairman of the board of managing directors (effectively the CEO position) that he has held since 2009 to join the company's shareholders' committee, which is the equivalent of a supervisory board and is chaired by Christian Boehringer, another scion of the founder.