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Issue 11/2017 - Covestro announces CEO succession plan

 Last Update: 2022-11-11
 Source: Internet
 Author: User

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Covestro announces CEO succession planCovestro
CEO Patrick Thomas has confirmed to the company's Supervisory Board that the contract will not be renewed after the expiration of the contract on September 30, 2018
.
Dr.
Markus Steilemann, currently Covestro's Chief Commercial Officer, will succeed Patrick Don as CEO
.

Xeromann joined Bayer in 1999 and Bayer MaterialScience in 2004, where he has accumulated extensive and detailed business knowledge
.
Since 2008, he has held various management positions in the Polycarbonates business unit in Asia, including Global Industry Market Leader
.
In 2013~2015, Xeroilemann led the entire polycarbonates business unit and was subsequently appointed to the Covestro Management Board and subsequently joined the Covestro Management Board
in 2015.
Currently, Xeroilemann is responsible for the Innovation and Polyurethanes business
on the Management Board.

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