Kurt Bock

Kurt Bock
Born 1958 (age 59–60)
Rahden, Eastern Westphalia, West Germany
Nationality German
Alma mater University of Bonn
Title Former CEO, BASF
Term 2011-18
Successor Martin Brudermüller
Spouse(s) married
Children 3

Kurt Bock (born 3 July 1958) is a German businessman. He has been president of the German Chemical Industry Association since 2016[1] and was chief executive officer (CEO) of BASF, the world's largest chemical producer, from 2011 to 2018.[2]

Early life

Bock was born in 1958 in Rahden, Eastern Westphalia, West Germany.[3]

Bock studied business administration at the University of Münster, University of Cologne and Pennsylvania State University, and received his doctorate in economics from the University of Bonn in 1985.[4] He wrote his thesis on "Corporate success and organization".[5]

Career

He joined the finance division of BASF in 1985, after he earned his doctorate (PhD) in economics from the University of Bonn. In 1992 he joined Bosch as head of the finance and balance division. Later he took over the management of the Brazilian subsidiary.[6]

In 1998, he returned to BASF and was first chief financial officer of the US subsidiary. In 2000, he became head of logistics and IT at the BASF parent company. In 2003, he was appointed to the executive board of BASF AG with responsibility for the finance department.[7] In 2007, he also assumed responsibility as chairman and CEO of BASF Corporation, New Jersey, US.[6]

He became chief executive of BASF in May 2011. He served as CEO until resigning from the board at the end of the annual general meeting on May 4, 2018.[8] He was succeeded by Martin Brudermüller.[9]

Bock is assumed to be elected as chairman of the BASF supervisory board after the expiration of the mandatory two-year cooling-off period in 2020.[10]

In March 2013, Bock advocated inside BASF to renounce the formal use of academic titles in corporate language and correspondence.[11]

In September 2012, Bock was elected as chairman of the European Chemical Industry Council.[12] Form 2013 to 2014 he headed the International Council of Chemical Associations ICCA.[13][14] He has been a member of the executive board and the Presidium of the German Chemical Industry Association since autumn 2012. In September 2016, he was elected as its president. The term of office runs for two years, up to the next general meeting in 2018.[15]

Bock is also a member of the joint advisory council of the Allianz companies[16] and vice president of the Stifterverband für die Deutsche Wissenschaft, a joint initiative of companies and foundations that advises, networks and promotes education, science and innovation.[17]

Personal life

He is married, with three children.[3]

References

  1. ↑ "Kurt Bock ist neuer VCI-Präsident - Verband der Chemischen Industrie e.V. (VCI)". www.vci.de (in German). Retrieved 2018-08-06.
  2. ↑ Ettel, Anja (2018-05-04). "BASF: Scheidender Vorstandschef Kurt Bock kanzelt Kritiker ab". DIE WELT. Retrieved 2018-08-06.
  3. 1 2 "Dr. Kurt Bock". BASF. Retrieved 25 July 2015.
  4. ↑ "Executive Profile: Kurt Bock". Bloomberg. Retrieved 26 June 2015.
  5. ↑ "Kurt Bock: Aktuelle News, Infos & Bilder | BUNTE.de". www.bunte.de (in German). Retrieved 2018-08-06.
  6. 1 2 "Dr. Kurt Bock". BASF (in German). Retrieved 2018-08-06.
  7. ↑ "BASF-CFO Bock rückt an die Spitze" (in German). Retrieved 2018-08-06.
  8. ↑ "Vorstandswechsel bei BASF: Bock übergibt an Brudermüller". BASF (in German). Retrieved 2018-08-08.
  9. ↑ "BASF: Wie Martin Brudermüller BASF technisch wieder stark machen will - manager magazin". manager magazin. Retrieved 2018-08-14.
  10. ↑ "Führungswechsel: BASF regelt Nachfolgen". BASF (in German). Retrieved 2018-08-08.
  11. ↑ "Vorstandschef Bock: BASF-Mitarbeiter sollen auf Gebrauch akademischer Titel verzichten" (in German). Retrieved 2018-08-14.
  12. ↑ "Kurt Bock New President of Cefic :: News :: ChemistryViews". www.chemistryviews.org. Retrieved 2018-08-09.
  13. ↑ "International Council of Chemical Associations - BASF's Kurt Bock to lead ICCA". icca.cefic.org. Retrieved 2018-08-09.
  14. ↑ "International Council of Chemical Associations - Welcome note from ICCA President Mark Rohr". icca.cefic.org. Retrieved 2018-08-09.
  15. ↑ "Kurt Bock ist neuer VCI-Präsident - Verband der Chemischen Industrie e.V. (VCI)". www.vci.de (in German). Retrieved 2018-08-10.
  16. ↑ "Gemeinsamer Beirat der Allianz Gesellschaften" (PDF). Allianz. Retrieved 2018-08-10.
  17. ↑ "Der Vorstand des Stifterverbandes". Stifterverband (in German). 2015-10-21. Retrieved 2018-08-10.
Business positions
Preceded by
Jürgen Hambrecht		 Chief Executive of BASF
May 2011 – May 2018		 Succeeded by
Martin Brudermüller
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