Covestro AG (1COV.DE,CVVTF.PK,1CO.DE), a specialty chemicals company, on Thursday announced that Chief Financial Officer Christian Baier will leave the company upon the expiry of his contract in September 2026, as requested.
The company said that Baier has informed the Chairman of the Supervisory Board well in advance to enable an orderly search for a successor.
The Supervisory Board will initiate the succession process in due course.
Until his departure, Baier will continue to perform the duties in full. Baier has been a member of Covestro's Board of Management since October 2023 and is responsible for accounting, controlling, finance, and other areas.
Covestro AG is currently trading 0.03% higher at EUR 60.02 on the XETRA.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.