29.11.2017 • News • Covestro • Dede Willams • Kion

Toepfer Named new CFO of Covestro

Thomas Toepfer has been appointed new chief financial officer of German engineering plastics producer Covestro. On Apr. 1, 2018, the 45-year-old will take over from Patrick Thomas, who has acted as interim CFO in addition to his function as CEO since the resignation of former CEO Frank Lutz in June of this year.

A native of Hamburg, Germany, Toepfer began his professional career as chief financial officer of the Karstadt department store. Since 2012, he has been CFO and labor director of Kion Group.

Patrick Thomas will continue to serve as Covestro’s CEO until Sept. 30, 2018, when he will be succeeded by Markus Steilemann.

Virtual Event

CHEManager Spotlight

Digitalization in the Chemical Industry

Save the Date: October 22, 2025
The event will be promoted to a combined audience of over 100,000 professionals across Europe through the CHEManager and CITplus networks.

Free Virtual Event

Bioprocess Forum

Vaccine Manufacturing

Join global experts and innovators for a two-day virtual event exploring the latest breakthroughs and best practices in vaccine manufacturing. Discover how new technologies and process innovations are shaping the future of vaccine production, safety, and scalability.