Covestro AG - Company Profile

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The following section provides information on Covestro AG’s senior management, executives, CEO and key decision makers and their roles in the organization. For more insight into Covestro AG's management and employees, unlock the full data with our company analytics monitoring tool.

Executives

Rainer Seele

Chairman Executive Board Since: 2025 Age: 66

Mr. Rainer Seele has been the Chairman of the company since 2025. Prior to this, he served as the President of XRG’s global chemicals business. He also served as the Chief Executive Officer of OMV AG from 2015 to 2021 and held senior roles at companies including Wintershall.

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Frank Lollgen

Vice Chairman Executive Board Since: 2025 Age: 65

Mr. Frank Lollgen has been the Vice Chairman of the company since 2025. Prior to this, he served as a Director of Bayer AG and Evonik Industries AG in 2022. He served as the Head of the Chairman's Office, Division 1, and General Manager of IGBCE from 2011 to 2014. He also served as the North Rhine District Secretary of IGBCE in 2014.

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Markus Steilemann

Chief Executive Officer Senior Management Since: 2018 Age: 56

Mr. Markus Steilemann has been the Chief Executive Officer of the company since 2018. Prior to this, he served as the Chief Commercial Officer of the company in 2017. Mr. Steilemann headed the entire business unit headquartered in China from 2013 and 2015. He also held various management positions in the Polycarbonates business unit at Bayer Material Science from 2008.

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Christian Baier

Chief Financial Officer Senior Management Since: 2023 Age: 50

Mr. Christian Baier has been the Chief Financial Officer of the company since 2023. Prior to this, he served as the Chief Financial Officer of METRO AG. Previously, he worked at Permira from 2006 to 2011. Mr. Baier has been a Member of the Supervisory Board of TUI AG.

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Thorsten Dreier

Chief Technology Officer; Director - Labour Senior Management Since: 2023 Age: 53

Mr. Thorsten Dreier has been the Chief Technology Officer and a Director of Labour of the company since 2023. Prior to this, he served as the Global Head of Production and Technology in the Coatings, Adhesives and Specialties business unit and later of the Specialty Films and Thermoplastic Polyurethanes business units. He also served as the Laboratory Manager in the Bayer Group.

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