Covestro CEO Dr Markus Steilemann to step down May 31, 2026

By: ICN Bureau

Last updated : February 23, 2026 5:59 pm



The Supervisory Board of Covestro AG will initiate an orderly succession process for the position of Chief Executive Officer in due course


The Chief Executive Officer of Covestro AG, Dr Markus Steilemann, today informed the Chairman of the Supervisory Board of the Company that he will not be available for a further term of office upon the expiry of his current term, which runs until May 31, 2028.

The Supervisory Board of Covestro AG will initiate an orderly succession process for the position of Chief Executive Officer in due course.

Dr Steilemann will ensure a smooth transition of his responsibilities to his successor.

Covestro Dr Markus Steilemann

First Published : February 23, 2026 12:00 am