Matthias Zachert Named CFO of the Year by Chemical Week Magazine

Matthias Zachert was named CFO of the Year by Chemical Week Magazine at their 13th Annual CFO Conference held on August 5, 2008 in New York City. Zachert was also the keynote speaker at the conference, presenting on the topic of Surviving and Thriving in Today’s Financial Turbulence.

"The analysts and editors chose Matthias 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", said Chemical Week’s editor and chief Robert Westervelt.

"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.

"We are excited to receive the worldwide recognition that is associated with this award for our Capital Markets Communications", said Matthias Zachert. "It is recognition that I graciously accept on behalf of the whole LANXESS Finance organization."