Covestro has extended the contract of Chief Technology Officer Dr. Thorsten Dreier ahead of schedule. His current term, which runs through June 2026, will now continue through June 30, 2031.

Dreier has served as CTO and a member of Covestro’s board of management since July 2023 and as labor director since September 2023. He is responsible for the corporate functions of engineering, process technology, health, safety, environment and reliability, and group procurement. He also oversees the Performance Materials reporting segment.

“Thorsten 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 Dr. Richard Pott, chair of the supervisory board of Covestro AG. “We are convinced that Mr. Dreier will successfully continue the transformation of Covestro and we look forward to our continued collaboration.”

“I am grateful for the trust placed in me,” said Dreier. “As labor director, it is very important to me to continue the trusting and constructive collaboration with the employees and the employee representatives that I have been able to establish in the past years.”

Other members of Covestro’s board of management include Dr. Markus Steilemann, chief executive officer; Christian Baier, chief financial officer; and Sucheta Govil, chief commercial officer, who will be succeeded by Monique Buch in August 2025.