Covestro AG said Friday that it has extended the contract of Chief Executive Officer Markus Steilemann for a further five years.
Steilemann’s contract will now run until May 31, 2028, after the German polymer manufacturer and supplier’s supervisory board decided to extend the contract ahead of schedule.
Steilemann has been on the Covestro board of management since September 2015 and has been CEO since June 2018.
By Pierre Bertrand
Source: marketwatch.com
Ineos Composites is a global manufacturer of unsaturated polyester resins, vinyl ester resins, and gelcoats used in plastic composites for a wide range of applications. The business has combined sales of more than €800 million annually and employs ~900 employees across 17 sites and 3 technology centers in Europe, North and South America, Asia, and the Middle East.
Karen S. Carter will be responsible for driving business and operational performance across the organization with a focus on strengthening customer engagement and relationships, accelerating the commercialization of Dow’s innovation pipeline, and enhancing the Company’s reliability and service to customers.
Katja Wodjereck most recently served at Neste, where she joined as Executive Vice President of the Renewable Road Transportation division in April 2023 and was later appointed Executive Vice President of Renewable Products in November 2023.
