BASF Corporation named Wayne T. Smith as new chairman and chief executive officer, headquartered in Florham Park, NJ. He succeeds Hans Engel, who as chief financial officer for BASF SE, will relocate to the company’s global headquarters in Ludwigshafen, Germany, and assume additional responsibilities on BASF’s board. Smith began his career at BASF in 2004 as group vice president for the regional intermediates business unit in the US. In 2006, he was named president of the catalysts division a...