Lutz resigns as CFO of Covestro

Leverkusen, Germany – Frank Lutz has resigned as CFO of Covestro and is to be replaced on an interim basis by CEO Patrick Thomas, the Germany polymer group announced 2 June.

We regret Frank Lutz’ decision but of course we respect this step and thank him for his contribution to the succesfull development of the company,” said Dr. Richard Pott, chairman of the supervisory board of Covestro.

He did not give a reason for Lutz’ resignation but said the search for a full-time successor was “on the way.”