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Hermann Schmitz

Hermann Schmitz German businessman, CEO of IG Farben, BIS board member

German businessman, CEO of IG Farben, BIS board member
The basics
Quick Facts
Intro German businessman, CEO of IG Farben, BIS board member
A.K.A. Hermann Schmitz
Countries Germany
Occupations Politician
Gender male
Birth 1 January 1881 (Essen)
Death 8 October 1960 (Heidelberg)
Politics Nazi Party
The details
Biography

Hermann Schmitz (1 January 1881 – 8 October 1960) was a German industrialist and Nazi war criminal. CEO of IG Farben from 1935 to 1945, he was sentenced to four years in prison in the IG Farben Trial.

Schmitz was born in Hessen on 1 January 1881, son of factory worker Diedrich Schmitz and Luise Wöhrmann. In 1898 he began studying at Ahrenbergische Aktiengesellschaft für Bergbau und Hüttenbetrieb in Hessen, and in 1905 he entered the Commerce College in Nuremberg. After completing his studies, he was hired by Metallurgische Gesellschaft (metallurgy company), where after some time he became consultant of Wilhelm Merton, member of the superivosors' council of the company, who helped Schmitz promote his career.

In 1914 he was required to serve in the army. He was injured during the First World War and, after recovering from his injuries, he was made Reich's supervisor for chemical products production in the matériel department (1915).

In 1919, as an expert in fertilizers and nitric salts, he took part in the assembly that negotiated the Treaty of Versailles. There he met Carl Bosch, a chemist of worldwide fame. In July 1919 Schmitz was hired at BASF by Bosch as his financial advisor. He was promoted to administrator of BASF's exterior department, a position he maintained after the company became part of IG Farben. As per his job requirements he maintained contacts with large businesses, such as Standard Oil, with which he took part in negotiations, always having the support of that era's governments in the interests of IG Farben.

War crimes

In 1933, he was elected to the Reichstag under the administration of the National Socialist Party and after two years, he succeeded Carl Duisberg as IG Farben's CEO when he died. In 1938, he became war economy administrator (Wehrwirtschaftsführer). In 1941, Hitler gave him a portrait of him with his autograph as a gift for his dedication to the aims of Nazi Germany. Schmitz led IG Farben until the end of the Second World War. He was arrested and charged at the IG Farben Trial, during which he was sentenced to four years imprisonment (including time already served) for war crimes and crimes against humanity through the plundering and spoliation of occupied territories. He was released in 1950 and went on to become member of the administrators' council of Deutsche Bank in Berlin, as well as the honorary president of "Rheinische Stahlwerke AG".

Schmitz died in Heidelberg on 8 October 1960.

The contents of this page are sourced from Wikipedia article. The contents are available under the CC BY-SA 4.0 license.
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Sources
References
http://purl.org/pressemappe20/folder/pe/015724
http://www.jewishvirtuallibrary.org/jsource/Holocaust/WarCrime31.html
http://www.profit-over-life.org/main.html
http://www.wollheim-memorial.de/en/hermann_schmitz_18811960
https://d-nb.info/gnd/118609319
https://viaf.org/viaf/280044805
https://www.wikidata.org/wiki/Q97417
https://www.worldcat.org/identities/containsVIAFID/280044805
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