Reportedly, the current CEO of Bayer HealthCare, Arthur Higgins, is expected to leave the company on April 30, 2010 .
Werner Wenning, chairman of the board of management of Bayer, said: “Dr Reinhardt is an acknowledged expert with many years of experience in the health care industry.
“We are convinced of his ability to provide a decisive impetus to our global HealthCare business and further expand our strong competitive positions.
“Over the past years, Arthur Higgins has made a decisive contribution to the restructuring and strengthening of Bayer HealthCare and has set new trends. We thank him for his great commitment and wish him well for the future.”
Additionally, Marijn Dekkers, member of the Bayer board of management and its designated chairman, is expected to take over as head of Bayer HealthCare on a temporary basis as planned from May 1, 2010 until Dr Reinhardt’s appointment takes effect.