Sector News

Contract of Covestro CCO Sucheta Govil extended ahead of schedule

October 17, 2021
Chemical Value Chain

The Supervisory Board of Covestro AG has prematurely extended the contract of Board of Management member Sucheta Govil, which runs until July 2022, by three years from August 1, 2022, to July 31, 2025. Govil has been a member of the Management Board of Covestro since August 2019.

In her role as Chief Commercial Officer (CCO), Govil is responsible for the reporting segments Performance Materials and Solutions & Specialties, including all business-relevant processes and areas from production, procurement and application technology to sales. She is also responsible for the central function Supply Chain & Logistic, which covers internal and external supply chains worldwide.

“We are pleased to continue our successful cooperation with Sucheta Govil,” said Dr. Richard Pott, Chairman of the Supervisory Board of Covestro AG. “By extending the mandate, we are underlining our confidence in Ms. Govil to ideally drive Covestro’s transformation, also with a view to the operational restructuring of the business entities.”

“I would like to thank the Supervisory Board for the trust it has placed in me. Along with the Board of Management team and the employees, we have restructured the company, and I look forward to continuing to accompany Covestro as part of the Board of Management in the coming years,” said Sucheta Govil following the extension of her contract.

Sucheta Govil is part of Covestro’s four-member Board of Management, with Chief Executive Officer (CEO) Dr. Markus Steilemann, Chief Financial Officer (CFO) Dr. Thomas Toepfer and Chief Technology Officer (CTO) Dr. Klaus Schäfer.

By Covestro, Press Release


comments closed

Related News

February 4, 2023

Eastman acquires performance films company Ai-Red Technology

Chemical Value Chain

Eastman Chemical Co. (Kingsport, Tenn.) announced it has acquired Ai-Red Technology (Dalian) Co., Ltd., a manufacturer and supplier of paint protection and window film for auto and architectural markets in the Asia Pacific region.

February 4, 2023

BASF and StePac partner on chemical recycling MAP packs to fight food waste

Chemical Value Chain

BASF and Israeli packager StePac have joined forces to create the “next generation” of fresh produce packaging. BASF will provide StePac with greater flexibility to advance contact-sensitive packaging formats to a higher sustainability standard by supplying StePac with Ultramid Ccycled – a chemically recycled polyamide 6.

February 4, 2023

TotalEnergies and Intraplás partner on food-grade renewable biopolymer production

Chemical Value Chain

TotalEnergies’ biorefinery in La Mède, France, allows direct access to renewable feedstock for its drop-in RE:newable polymer range derived from bio-based products. The company claims these polymers retain virgin-like properties.

How can we help you?

We're easy to reach