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06-07-2017

CFO at Covestro Resigns

Covestro CEO Patrick Thomas will assume the role of interim CFO following the resignation of Frank H. Lutz. Patrick Thomas has an excellent reputation within the capital markets based on his long-standing financial and industry expertise, particularly since Covestro’s successful IPO under his leadership in 2015.

Dr. Richard Pott, Chairman of the Supervisory Board of Covestro, said: “We regret Frank Lutz’ decision but of course we respect this step and thank him for his contribution to the succesfull development of the company. Covestro is in an excellent position to pursue its strategy of long-term profitable growth, based on operational strength and strong financial results. The search process for a successor is on the way.”

Company profile

Covestro Deutschland AG

Kaiser-Wilhelm-Allee 60
DE 51373 Leverkusen
Tel.: 0214 60092000

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