FRANKFURT (Reuters) - Germany's Bayer (DE:BAYG) named Frank Lutz as chief financial officer of its plastics unit MaterialScience, which it plans to float on the stock market as a separate company.
Lutz, 45, is currently CFO of retail group Aldi Sued. He will take up his appointment on Oct. 1, replacing Axel Steiger-Bagel, who will become senior Bayer representative for the Benelux countries, Bayer said on Tuesday.
(Reporting by Georgina Prodhan; Editing by Edward Taylor)