Wintershall Names Finance, Russia, Pipe Chiefs

Wintershall, the upstream business of German chemicals group BASF, has appointed Dirk Elvermann as finance chief, to succeed Ties Tiessen who is retiring from the company after 21 years. Meanwhile two other non-board senior executives heading Russia and Nord Stream are to do a job swap.

Elvermann, a lawyer, has worked in various positions for BASF since 2003, including as its Asia-Pacific head of legal and tax from 2010 to 2012, and then  BASF Polska managing director in Warsaw until mid-2015. Since August 2015 he has headed M&A projects as BASF's senior vice president, projects. He will join the Wintershall executive board on December 1 2017.

Torsten Murin meanwhile is to become Wintershall Russia's managing director from January 1 2018. He replaces Margarita Hoffmann, who in turn is taking over the position held by Murin since 2013, namely heading Wintershall's gas pipelines interests including Nord Stream, NS2, Opal and Nel.

Hoffmann has managed Wintershall Russia since 2010.

Retiring CFO Tiessen joined Wintershall in 1996 as its tax and legal chief, and from 2001 was Wintershall Libya's general manager, before joining the Wintershall board as its CFO in early 2005.

Dirk Elvermann (above) is to be Wintershall's new CFO (Photo credit: Wintershall)

Torsten Murin (below) has been appointed Wintershall Russia's new managing director  (Photo credit: Wintershall)

Mark Smedley