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CEO Patrick Thomas has confirmed to the Supervisory Board of Covestro that he will complete his contract as expected on September 30, 2018 and the Board has unanimously appointed Dr Markus Steilemann as his successor.
Dr Steilemann is currently CCO and a colleague at the Board of Management since 2015. He has enjoyed a long and international career at Bayer, joining the company in 1999 and Bayer MaterialScience in 2004. From 2008 onwards, he held various management positions in the Polycarbonates segment in Asia.