CSO Richard Northcote has passed away

Richard Northcote, Chief Sustainability Officer of Covestro

It is with great sadness that Covestro and their employees have learnt about the death of their Chief Sustainability Officer Mr. Richard Northcote. He passed away unexpectedly at the age of 58.

“We will all miss him more than words can express. He was not just our inspiring colleague, but our good friend as well,” said Covestro CEO Dr. Markus Steilemann. "Our thoughts and condolences are with his family and friends during this most difficult time.”

Richard Northcote was a highly regarded leader and visionary in the world of sustainable development. He had a wealth of experience in the chemical and construction industries, having worked as a journalist, a corporate communications and government affairs executive, and latterly as head of the Sustainability segment. He lived and worked in a variety of European countries, the Middle East and Asia. He entered the chemical industry in 1996 with ICI and joined Covestro AG in 2009, where he served as Chief Sustainability Officer.

Richard Northcote will be missed by his family and by Covestro colleagues all over the world.

About Covestro:
With 2017 sales of EUR 14.1 billion, Covestro is among the world’s largest polymer companies. Business activities are focused on the manufacture of high-tech polymer materials and the development of innovative solutions for products used in many areas of daily life. The main segments served are the automotive, construction, wood processing and furniture, and electrical and electronics industries. Other sectors include sports and leisure, cosmetics, health and the chemical industry itself. Covestro has 30 production sites worldwide and employs approximately 16,200 people (calculated as full-time equivalents) at the end of 2017.

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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