July 16, 2025 14:26

Acting ahead of the June 2026 expiry, Covestro’s Supervisory Board has extended Chief Technology Officer Thorsten Dreier’s contract by a further five years, keeping him in post through 30 June 2031.

Dreier has served as CTO and member of the Board of Management since July 2023 and became Labor Director in September 2023.

“Dreier has significantly advanced Covestro's transition to climate-neutral production over the past two years, making an important contribution to Covestro's vision of a circular economy,” said Richard Pott, chair of the Supervisory Board. “We are convinced that Mr. Dreier will successfully continue the transformation of Covestro and we look forward to our continued collaboration.”

In his role as Chief Technology Officer, Dreier assumes responsibility for the corporate functions Engineering, Process Technology, Group Health, Safety, Environment & Reliability and Group Procurement. In addition, the reporting segment Performance Materials is under his responsibility.

Other members of Covestro's Board of Management are Dr. Markus Steilemann as Chief Executive Officer, Christian Baier as Chief Financial Officer, Sucheta Govil as Chief Commercial Officer and Monique Buch, who will succeed Sucheta Govil as Chief Commercial Officer from August 2025.

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