November 15, 2024 15:59

The German chemical group BASF has announced that Thomas Kloster (pictured), currently President of the Performance Chemicals division, will take over as head of the Petrochemicals division in Ludwigshafen, effective January 1, 2025. He succeeds Hartwig Michels, who is set to retire.

Lena Adam, currently Senior Vice President of Fuel & Lubricant Solutions, will succeed Kloster as President of the Performance Chemicals division on the same date.

Thomas Kloster was born in Germany in 1971. He studied at Mannheim University and at  University of Waterloo, Canada. In 2002, he earned his PhD at the faculty of Business Administration, Mannheim University. Before joining BASF in 2001 he worked for the management consultancy McKinsey & Company in Frankfurt.

Lena Adam was born in Cologne, Germany, in 1982. After joining BASF through the company’s International Business Traineeship Program in 2001, she received her diploma in business administration from the Ludwigshafen University of Business and Society in 2005 and a Master of Business Administration from The University of North Carolina in 2006. For 15 years she has held various positions within BASF’s Agricultural Solutions business. Since 2022 she is heading the global business unit Fuel and Lubricant Solutions, which is part of BASF’s Performance Chemicals division.

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