LEVERKUSEN, Germany—Thomas Toepfer has been appointed chief financial officer at Covestro A.G. and will take over for Patrick Thomas beginning April 1.
Thomas, the firm's CEO, took over as CFO following the departure of Frank Lutz in June this year.
Covestro Chairman Richard Pott said his firm had been able to appoint "a highly regarded top executive and expert in the field of finance with many years' experience and a proven track record in the capital market for our company."
Toepfer has worked for a number of German companies as CFO and Labor Director of Kion, a German forklift manufacturer and Still, which also operates in fork lifts.