Chemical Industry News, Data & Insights

Covestro CFO Christian Baier to Depart in 2026

Key highlights
  • Christian Baier will leave Covestro in September 2026.
  • The search for Baier's successor will begin soon.
  • Baier has been CFO since October 2023.
  • He played a key role in the strategic partnership with XRG.

Christian Baier's Departure

Christian Baier, Chief Financial Officer of Covestro AG, has announced he will not renew his contract, opting to leave the company in September 2026. This decision was communicated to the Chairman of the Supervisory Board, Dr. Richard Pott, who acknowledged the news with regret and will initiate the search for a successor.

Continued Commitment

Until his departure, Baier will maintain his responsibilities as CFO, ensuring a smooth transition. He has been a member of the Board of Management since October 2023, overseeing Accounting, Controlling, and Finance.

Strategic Contributions

Baier has been instrumental in Covestro's strategic initiatives, including securing a partnership with XRG and advancing the company's transformation. His efforts have positioned Covestro for sustainable growth.