Hubertus Von Baumbach
Chairman of the Board of Managing Directors
Business
Boehringer Ingelheim
Ireland
Biography
Hubertus von Baumbach completed a banking apprenticeship and the first and second German state legal examinations, before going on to receive an MBA from MIT in Cambridge, USA. He has been a member of the Board of Managing Directors since 2009 and is Head of the Corporate Board Division Finance. Following periods at Roche in the USA and at BI in Canada, he performed various functions in the finance division at Boehringer Ingelheim in Germany.In 1885, ancestor, Albert Boehringer, purchased a small factory in Nieder-Ingelheim, Germany, and started producing tartaric acid salts used by pharmacies. In 1893, he discovered that lactic acid can be produced in mass quantities; this discovery led the company to the forefront of biotechnology at the time. Was a Regional Advisory Council Member of Commerzbank and is an Advisory Council Member of Landesbank Baden Wuerttemberg, both financial services providers. Reportedly bought 39 Goethe drawings for almost $2 million in 2009.
Research Interest
He is always interested to secure the company's independence in the long term.
