29.11.2017 • News

Toepfer Named new CFO of Covestro

Thomas Toepfer has been appointed new chief financial officer of German...
Thomas Toepfer has been appointed new chief financial officer of German engineering plastics producer Covestro (c) 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.

Special Issue

Circular Plastics Economy
Explore the Future of Plastics

Circular Plastics Economy

This special CHEManager issue explores the industry’s pivotal shift towards a more sustainable, circular plastics value chain. Readers will find expert analysis and real-world solutions for today’s most pressing recycling and regulatory challenges.

From Lab to Market Challenge

Vote Now: Germany's Most Promising Chemistry Start-ups
Choose your favourite among the finalists

Vote Now: Germany's Most Promising Chemistry Start-ups

The "From Lab to Market Challenge" brings together the most promising founders from chemistry, materials science, and industrial biotechnology. Starting June 1st, you can cast your public vote for the finalists on CHEManager.com — before the award ceremony with €10,000 in prizes takes place on June 25th.

Top-Feature

most read