Christian Baier to Depart Covestro in 2026 After Financial Leadership Role

Specialty chemicals giant Covestro AG has announced a planned leadership transition at the executive level. Christian Baier, who currently serves as Chief Financial Officer and Board of Management member, is set to leave the organization upon his contract expiration in September 2026. The executive has proactively notified the company’s Supervisory Board Chairman, providing sufficient advance notice to facilitate a smooth handover process.

Orderly Transition Planning in Motion

Baier’s early communication has enabled Covestro’s leadership to prepare for an organized succession process rather than facing an unexpected departure. The company has confirmed that its Supervisory Board will launch the formal search for a successor in due course. During the interim period until his exit, Christian Baier will remain fully engaged in his current responsibilities, overseeing accounting, finance, controlling, and related functions that have comprised his portfolio since joining the Board of Management in October 2023.

Focus on Continuity and Stability

The advance notice strategy underscores Covestro’s commitment to maintaining operational continuity during the transition. Rather than facing an abrupt change, the company has approximately two years to identify and integrate a qualified finance professional into its leadership structure. This deliberate approach reflects best practices in executive succession planning, particularly for CFO roles where financial oversight and institutional knowledge are critical.

At the time of this announcement, Covestro shares were trading on XETRA at EUR 60.02, reflecting modest positive momentum in the market.