Dirk Elvermann

Dr. Dirk Elvermann serves as Chief Financial Officer and Chief Digital Officer of BASF SE, one of the world's leading chemical companies, where he plays a pivotal role in driving financial excellence and digital transformation across the global organization. Born in 1971 in Unna, Germany, Dr. Elvermann has demonstrated exceptional leadership throughout his more than two-decade career with BASF, rising through various strategic positions to reach the executive board in 2023. As CFO, he oversees critical financial operations including Corporate Finance, Corporate Audit, Corporate Taxes & Duties, Global Business Services, and Global Procurement, managing financial strategy for a company with annual revenues exceeding €70 billion. In his dual role as CDO, Dr. Elvermann spearheads BASF's digital transformation initiatives, overseeing Global Digital Services and driving innovation through BASF Venture Capital and the cutting-edge startup trinamiX. Under his financial stewardship, BASF has demonstrated resilient performance in challenging market conditions, with EBITDA before special items increasing to €7.9 billion in 2024, while successfully executing cost-saving programs targeting €2.1 billion in annual savings by 2026. Dr. Elvermann's strategic vision encompasses both traditional financial excellence and forward-looking digital innovation, positioning BASF for sustainable growth in an increasingly digitized chemical industry. His leadership philosophy emphasizes disciplined capital allocation, operational efficiency, and strategic investments in emerging technologies, particularly in areas such as CO2 mitigation, circular economy, and artificial intelligence. Through his oversight of BASF Venture Capital, he actively shapes the company's investment strategy in breakthrough technologies and sustainable solutions, demonstrating his commitment to building BASF's future while maintaining financial discipline and operational excellence.