The Supervisory Board of Covestro has unanimously appointed Christian Baier as its new Chief Financial Officer (CFO). He will take over from Dr. Thomas Toepfer on October 1, 2023. Dr. Toepfer will leave the company as of August 31, 2023, and Covestro’s Chief Executive Officer Dr. Markus Steilemann will act as CFO on an interim basis during September. Dr. Thorsten Dreier will take over the position of Labor Director in addition to his duties as Chief Technology Officer from September 1, 2023.
"Christian Baier is an accomplished top manager with a longstanding experience in the capital markets. We are delighted that, as a member of the Board of Management, he will be actively involved in shaping Covestro’s transformation to the circular economy and in the implementation of our Sustainable Future strategy," says Dr. Richard Pott, Chairman of the Supervisory Board of Covestro. "We are also pleased that Dr. Thorsten Dreier, with his long-standing knowledge of the company, will be shaping the future of Covestro and its employees in his additional role as the new Labor Director."