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

Source: covestro.com

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