The Supervisory Board of Covestro unanimously appointed Thorsten Dreier, Ph.D., as Covestro's new chief technology officer (CTO). Dreier will take over on July 1, 2023, from Klaus Schäfer, Ph.D., who most recently extended his expiring contract by six months to ensure personnel stability for Covestro during a challenging period in the market due to the ongoing energy crisis in Europe.
Dreier is currently global head of the Coatings & Adhesives business unit. He began his career in 2002 as a laboratory manager in the Bayer Group and subsequently held various management positions at Bayer, Bayer MaterialScience, and Bayer Technology Services. With the spin-off of Covestro, Dreier became global head of Production & Technology in the Coatings, Adhesives & Specialties business unit and later of the Specialty Films and Thermoplastic Polyurethanes business units.