New president and CEO for Lanxess Corp.

Specialty chemical supplier Lanxess Corporation, the North American business unit of specialty chemicals, plastics and rubber maker Lanxess AG, will have a new president and CEO by August.

Effective July 31, Flemming B. Bjørnslev will succeed outgoing president and CEO Randy Dearth at the helm of the Pittsburgh-based company. Raymond Newhouse, CFO of Lanxess Corporation, will serve as the acting CEO in the interim.

Dearth will leave the organization to head Calgon Carbon Corporation. Dearth was named president and CEO of Lanxess Corporation in 2004 when the company was carved-out of Bayer Corporation. 

Bjørnslev has been with the company for 22 years and is currently the CEO of Lanxess Central Eastern Europe s.r.o. He began his career with Bayer AG in Germany in 1990 as deputy sales manager in the Polyurethanes business unit, and has held various positions at Bayer/Lanxess within several business units.