Hubertus von Baumbach
{{Short description|German businessman}}
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| name = Hubertus von Baumbach
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| nationality = German
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| occupation = Businessman
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| title = Chairman and CEO, Boehringer Ingelheim
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Hubertus von Baumbach (born 1967) is a German businessman who is the chairman and CEO of Boehringer Ingelheim, Germany's second largest pharmaceutical company.{{cite web|url=https://global.handelsblatt.com/companies/drug-firm-boehringer-ingelheim-high-916279|title=Drug firm Boehringer Ingelheim on a high|author=|date=27 April 2018|website=handelsblatt.com|accessdate=7 November 2018}}
Early life and education
The son of Erich von Baumbach and Ulrike Boehringer, Hubertus von Baumbach is also a great-grandson of the company's founder Albert Boehringer.{{cite news |date=6 November 2015 |title=Boehringer appoints first CEO from founding family in 25 years |url=https://www.reuters.com/article/boehringer-managementchanges/boehringer-appoints-first-ceo-from-founding-family-in-25-years-idUSL8N13121Q20151106 |accessdate=7 November 2018 |website=reuters.com}}
Career
Baumbach joined Boehringer Ingelheim in 2001.{{cite web|url=https://www.boehringer-ingelheim.com/corporate-profile/our-company/board-managing-directors|title=Board of Managing Directors - boehringer-ingelheim.com|author=|date=|website=boehringer-ingelheim.com|accessdate=7 November 2018}}
In November 2015, it was announced that Baumbach, who had been CFO, was appointed as chief executive, succeeding Andreas Barner in June 2016. At the time, this made him the first member of the family at the helm in 25 years.Patricia Weiss and Maria Sheahan (November 6, 2015), [https://www.reuters.com/article/boehringer-managementchanges/boehringer-appoints-first-ceo-from-founding-family-in-25-years-idUSL8N13121Q20151106 Boehringer appoints first CEO from founding family in 25 years] Reuters . Within his first six months, he launched the biggest acquisition in the company's history (an asset swap deal with French rival Sanofi), followed by a reorganization to give the group a more decentralized divisional structure.Siegfried Hofmann (April 27, 2018), [https://www.handelsblatt.com/today/companies/bumper-sales-drug-firm-boehringer-ingelheim-on-a-high/23581988.html?ticket=ST-956779-cVivzwboS2Act6mexvxH-ap2 Drug firm Boehringer Ingelheim on a high] Handelsblatt .
In his capacity at Boehringer Ingelheim, Baumbach was part of Chancellor Angela Merkel’s delegation on three state visits to China.Christian Schlesiger (September 8, 2017), [https://www.wiwo.de/politik/deutschland/merkel-reisen-siemens-chef-kaeser-am-haeufigsten-bei-delegationsreisen-dabei/20292014.html Siemens-Chef Kaeser am häufigsten bei Delegationsreisen dabei] Wirtschaftswoche.
Other activities
=Corporate boards=
- Deutsche Bank, Member of the Advisory Board[https://geschaeftsbericht.deutsche-bank.de/2010/gb/serviceseiten/downloads/files/dbfy2010_verzeichnis_beiratsmitglieder.pdf Members of the Advisory Board, 2010] Deutsche Bank.
- Baden-Württembergische Bank, Member of the Advisory Board
- Landesbank Baden-Württemberg (LBBW), Member of the Advisory Board[https://www.lbbw.de/media/investor_relations/pdf_investorrelations/2016/LBBW_Geschaeftsbericht_2015.pdf 2015 Annual Report] Landesbank Baden-Württemberg (LBBW).
- KWS Saat, Member of the supervisory board (2007-2017)
= Non-profit organizations =
- Federation of German Industries (BDI), Member of the Presidium (2018-2019)[https://bdi.eu/der-bdi/organisation/praesidium/ Presidium] Federation of German Industries (BDI).
- German Chemical Industry Association (VCI), Member of the Executive Committee{{Cite web|url=https://www.vci.de/der-vci/organisation-struktur/vorstand-praesidium/seiten.jsp|title=Vorstand & Präsidium - Verband der Chemischen Industrie e.V. (VCI)|website=www.vci.de|language=DE|access-date=2017-06-01}}
- Baden-Badener Unternehmer-Gespräche (BBUG), Member of the Board of Trustees[https://www.bbug.de/de/ueber-uns/der-verein.php Board of Trustees] {{Webarchive|url=https://web.archive.org/web/20180109181920/https://www.bbug.de/de/ueber-uns/der-verein.php |date=2018-01-09 }} Baden-Badener Unternehmer-Gespräche (BBUG).
- Cultural Foundation of the Federal States, Member of the Board of Trustees[http://www.kulturstiftung.de/kuratorium/ Board of Trustees] Cultural Foundation of the Federal States.
- Städel Museum, Member of the Administration[https://www.staedelmuseum.de/en/about-stadel-museum#administration Administration] Städel Museum. and the Board of Trustees[https://www.staedelmuseum.de/en/support Board of Trustees] Städel Museum.
- Stiftung Tausendgut, Member of the Board of Trustees[https://web.archive.org/web/20151226132018/http://stiftung-tausendgut.de/index.php/gremien.html Board of Trustees] Stiftung Tausendgut.
References
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Category:German chief executives
Category:MIT Sloan School of Management alumni
Category:Boehringer Ingelheim people
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