Core Insights - BASF plans to list its agricultural solutions business on the Frankfurt Stock Exchange as part of its "Winning with Purpose" strategy, marking a significant milestone for the company [2][3] - The agricultural solutions division will transition into an independent, globally-focused company with strong growth potential and cash flow capabilities, while BASF will remain the majority shareholder [3][5] Management Board - The new management board, effective from May 1, 2026, will consist of four members with extensive industry expertise and capital market experience [5] - Livio Tedeschi, currently the global president of BASF's agricultural solutions division, will serve as the chairman of the management board [7] - Sascha Bibert will join from Vallourec SA to oversee financial matters, while Maximilian Becker and Melanie Bausen-Wiens will handle business and technical affairs, respectively [9][12][14] Strategic Focus - The agricultural solutions business aims to leverage its integrated strengths in crop protection, seeds and traits, digital agriculture, and sustainability to meet evolving customer needs [15] - The division is currently being established as a separate legal entity, with the transition in North America already completed and expected to finalize in other regions by early 2027 [15] - Future strategic priorities include becoming a top three player in the seeds and traits market, scaling digital agriculture, and maintaining leadership in crop protection through a comprehensive product portfolio [15]