Mann announced that she does not intend to extend her contract, which was scheduled to run until December 31, 2018. As it has been possible to find a successor at an earlier date, Mann has asked the supervisory board to be able to hand over leadership of the Consumer Health business and leave the company effective March 31, 2018, according to Bayer.
Schipper is deputy executive vice president of Nestlé S.A. and a member of its executive board based in Vevey, Switzerland. He is head of Nestlé Nutrition, the global leader in the infant nutrition category. He started his career as an international marketing trainee at Nestlé 21 years ago and held key management positions in Southeast Asia, Switzerland and China.
"Heiko Schipper has extensive international experience in the consumer market. We are convinced that he will successfully lead Bayer’s Consumer Health business," said Werner Wenning, chairman of the supervisory board of Bayer AG.
Wenning thanked Mann for her work in expanding the business in recent years.
"Bayer today is one of the leading companies in the self-medication market. Ms. Mann has contributed substantially to this development. We would like to wish her all the best for the future,” he said.