Following the appointment of Ertharin Cousin a year and a half ago, the Bayer Group intends to further internationalize the Supervisory Board: At the Annual Stockholders’ Meeting on April 27, U.S. AI expert Fei-Fei Li and Brazilian agricultural manager Alberto Weisser will stand for election. Li, 44, is a professor of computer science at Stanford University and sits on Twitter’s board as a “non-executive director”. From 2017 to 2018, Fei-Fei Li worked as “Chief Scientist for Artificial Intelligence and Machine Learning” at Google Cloud. Alberto Weisser started his career at BASF and later headed the American agricultural company Bunge Limited for 14 years.
Terms of four instead of five years
Meanwhile, the 65-year-old oversees, among others, the beverage giant PepsiCo and runs a winery in Portugal. The two newcomers are to be elected for four years instead of the usual five. Bayer is thus “also taking into account the expectations of international investors in particular,” according to the invitation to the Annual Stockholders’ Meeting. Both candidates are “independent” in the view of the Supervisory Board headed by Norbert Winkeljohann. New appointments are necessary because the Dutch Unilever manager Johanna W. (Hanneke) Faber (51) and the long-time Bayer manager Prof. Wolfgang Plischke (69) are leaving the Supervisory Board.