Key highlights
- Dr Markus Steilemann will not extend his CEO contract beyond May 31, 2028.
- The Supervisory Board will initiate a succession process.
- Steilemann will ensure a smooth transition to his successor.
CEO Contract Decision
Dr Markus Steilemann, CEO of Covestro AG, has announced he will not extend his contract beyond its current term, which ends on May 31, 2028.
Succession Planning
The Supervisory Board of Covestro AG will begin an orderly succession process to find a new Chief Executive Officer in due course.
Transition Assurance
Dr Steilemann is committed to ensuring a smooth transition of responsibilities to his successor.
