Covestro extends contract with Chief Technology Officer

Dr. Thorsten Dreier will remain Covestro's Chief Technology Officer for another five years. The Supervisory Board has extended the contract, which runs until June 2026, early from July 1, 2026 until June 30, 2031.
Dreier has been Chief Technology Officer and member of the Covestro Board of Management since July 2023 and Labor Director since September 2023. "Thorsten Dreier has been instrumental in driving Covestro's transition to climate-neutral production over the past two years, making an important contribution to Covestro's vision of becoming fully aligned with the circular economy," said Dr. Richard Pott, Chairman of the Supervisory Board of Covestro AG. "We are convinced that Mr. Dreier will successfully continue Covestro's transformation and look forward to working with him in the future."
In his role as Chief Technology Officer, Dreier is responsible for the corporate functions Engineering, Process Technology, Group Health, Safety, Environment & Reliability and Group Procurement. He is also responsible for the Performance Materials reporting segment. "I am grateful for the trust placed in me and am very much looking forward to working with Covestro employees and the Board of Management to drive forward the transformation of our company," said Dreier. "As Labor Director, it is very important to me to continue the trusting and constructive cooperation with employees and employee representatives that I have been able to build up over the past few years." The other members of Covestro's five-member Board of Management are CEO Dr. Markus Steilemann, Christian Baier as Chief Financial Officer, Sucheta Govil as Chief Sales and Marketing Officer and Monique Buch, who will succeed Sucheta Govil as Chief Sales and Marketing Officer from August 2025.