Markus Steilemann confirmed as CEO until May 2028
The supervisory board of German engineering plastics producer Covestro (Leverkusen; has renewed the contract of CEO Markus Steilemann until 31 May 2028, guaranteeing the 52-year-old executive an additional six years at the helm.

Steilemann’s current contract runs until May 2023. By extending his mandate ahead of schedule, supervisory board chairman Richard Pott said the board is emphasising its confidence in him to successfully continue the company’s transformation to become fully circular.

The German national has been a member of the Covestro managing board since September 2015 and its head since June 2018, when he took over the reins from Patrick Thomas (see of 13.04.2018). Prior to that, he held various positions in the polycarbonates business segment and from 2015 was the company’s chief commercial officer.

In addition to Steilemann, the management board includes Sucheta Govil (sales and marketing), Klaus Schäfer (technology), and Thomas Toepfer (finance).

Related: Covestro cuts outlook for 2022 amidst high energy costs
16.06.2022 [250474-0]
Published on 16.06.2022
Covestro: Steilemann bleibt CEO bis 2028German version of this article...

© 2001-2022  |  Imprint  |  Privacy  |  Cookie settings is a business information platform for the European plastics industry. It is part of KI Kunststoff Information and PIE Plastics Information Europe, one of the leading content providers for the European plastics industry. We offer daily updated business news and reports, in-depth market analysis, polymer prices and other services for the international plastics industry, including a suppliers guide, career opportunities, a trade name directory and videos.

News | Polymer Prices | Material Databases | Plastics Exchange | Suppliers Guide | Jobs | Trade Names | Videos | Associations & Institutions | Register | Advertising

PIE – Plastics Information Europe | KI – Kunststoff Information | KunststoffWeb | Plastics Material Exchange | Polyglobe | K-Profi
© 2001-2022 by, Bad Homburg
Date of print: 27.06.2022 17:58:23   (Ref: 207901678)
Text and images are subject to copyright and other laws for protection of intellectual property.
Any duplication or distribution in any media as a whole or in parts requires prior written approval by Plasteurope. URL: