Covestro Names Monique Buch as New Chief Commercial Officer to Drive Growth and Sustainability

Covestro Names Monique Buch as New Chief Commercial Officer to Drive Growth and Sustainability

(IN BRIEF) Covestro has appointed Monique Buch as its new Chief Commercial Officer (CCO), effective June 1, 2025. Buch, an experienced B2B executive with a strong international background, will succeed Sucheta Govil, who has served as CCO since 2019 and will conclude her term in July 2025. In her new role, Buch will lead Covestro’s Solutions & Specialties segment, overseeing six business entities and global supply chain centers. Covestro’s Supervisory Board Chairman, Dr. Richard Pott, praised Buch’s expertise in building sustainable businesses and thanked Govil for her contributions to the company’s transformation journey. Buch expressed enthusiasm for driving sustainable growth and innovation alongside the Covestro team.

(PRESS RELEASE) LEVERKUSEN, 16-Dec-2024 — /EuropaWire/ — Covestro, a global leader in high-tech polymer materials, has announced the appointment of Monique Buch as its new Chief Commercial Officer (CCO), effective June 1, 2025. Buch, a seasoned executive with extensive experience in B2B industries, will succeed Sucheta Govil, who has served as Covestro’s CCO since 2019 and will conclude her term on July 31, 2025.

As CCO, Buch will oversee Covestro’s Solutions & Specialties segment, which encompasses six business entities and supply chain centers across the Americas, EMEA, and APAC regions. Her role will be instrumental in driving the company’s transformation journey and sustainable growth initiatives.

Dr. Richard Pott, Chairman of Covestro’s Supervisory Board, highlighted Buch’s qualifications: “Monique Buch is a highly accomplished commercial leader with a strong international background and a proven ability to build sustainable, market-leading businesses. She is well-positioned to take on this pivotal role and continue Covestro’s trajectory of innovation and commercial excellence. We also extend our heartfelt gratitude to Sucheta Govil for her outstanding contributions over the past six years, during which she laid a solid foundation for Covestro’s ongoing transformation.”

Buch expressed enthusiasm for her new role, stating: “I am excited to join Covestro and contribute to its transformation journey. Together with the entire team and my colleagues on the Managing Board, I look forward to driving profitable growth and delivering on the company’s vision for a more sustainable future.”

A Dutch national, Buch holds a degree in industrial engineering and management. She brings a wealth of experience from her leadership roles in global B2B organizations, including Lenzing AG, Freudenberg Performance Materials, and Owens Corning, where she spearheaded strategies for sustainable growth and market leadership.

This leadership transition reinforces Covestro’s commitment to innovation, sustainability, and global market excellence, as the company continues to shape the future of high-tech polymer solutions.

About Covestro:

Covestro is one of the world’s leading manufacturers of high-quality polymer materials and their components. With its innovative products, processes and methods, the company helps enhance sustainability and the quality of life in many areas. Covestro supplies customers around the world in key industries such as mobility, building and living, as well as the electrical and electronics sector. In addition, polymers from Covestro are also used in sectors such as sports and leisure, telecommunications and health, as well as in the chemical industry itself.

The company is geared completely to the circular economy. In addition, Covestro aims to achieve climate neutrality for its Scope 1 and Scope 2 emissions by 2035, and the Group’s Scope 3 emissions are also set to be climate neutral by 2050. Covestro generated sales of EUR 14.4 billion in fiscal year 2023. At the end of 2023, the company had 48 production sites worldwide and employed approximately 17,500 people (calculated as full-time equivalents).

Forward-looking statements

This news release may contain forward-looking statements based on current assumptions and forecasts made by Covestro AG. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Covestro’s public reports, which are available at www.covestro.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.

Media Contacts:

Petra Schaefer
Head of Corporate Messaging & Content CM&C
petra.schaefer@covestro.com
+49 172 6708 416

Lars Boelke
Global Head of Media Relations
lars.boelke@covestro.com
+49 214 6009 4206
+49 1522 8860494

SOURCE: Covestro