Guru Ramamurthy will succeed Oliver Rittgen, who leaves after 25 years with the company
Bayer has announced that Guru Ramamurthy will become the new chief financial officer (CFO) for Bayer’s Crop Science division.
He will succeed Oliver Rittgen, who has decided to pursue a career opportunity outside of Bayer after 25 years with the company.
In his current role, Ramamurthy is serving as CFO of Bayer US, and he will make the change on 1 July.
“Guru has a strong track record of enabling business turnarounds and driving transformation through a holistic business perspective,” said Rodrigo Santos, member of the board of Bayer and president of the company’s Crop Science Division.
”His ability to shape business strategies to boost profitability and growth to deliver results, while building high-performing finance teams, has made his leadership stand out.
”His collaborative and innovative approaches have further amplified his impact. I am looking forward to working with him to shape the future success of our business,” Santos noted.
Ramamurthy will be based in St Louis, and Bayer said the successor for his current role would be announced at a later date.
Rittgen joined Bayer in 2000 and served in various leadership roles across finance.
“Oliver has successfully been driving business performance and transformation across the divisions and has always made it a priority to develop his organisation and people at the same time,” said Santos.
”His innovative and entrepreneurial thinking has helped us to further develop the financial operations of our business.
”I want to thank him for his valuable contributions and wish him all the best for the future,” he added.
