Covestro LLC taps entrepreneur to head innovation management in North America

Currie Crookston, head of innovation management for Covestro LLC
Currie Crookston has been named head of innovation management for Covestro LLC.

Company demonstrates strong focus on innovation, entrepreneurship

Pittsburgh, September 6, 2017 — Covestro LLC appointed veteran entrepreneur Currie Crookston to the newly created position of head of innovation management. Crookston will be responsible for driving global innovation strategy in North America, primarily by assisting the company’s three business units in creating new opportunities beyond their core R&D efforts.

Crookston brings a diverse background to Covestro. He spent the first eight years of his career as a lieutenant commander in the U.S. Navy SEALs, then worked as an associate at A.T. Kearney. Crookston then went on to launch four businesses — including PetsDx, Allegheny Development Partners and Riverfront 47 — and develop several patents. He received an MBA in business from the University of Virginia.

“Currie’s unique background not only demonstrates a strong passion for innovation, but a personal drive for success — a combination that will serve him well in this role,” said Jerry MacCleary, president of Covestro LLC. “As Covestro strengthens its focus on cultivating innovation and building an entrepreneurial culture, I’m confident we have the right person leading this effort in North America.”

Crookston’s appointment builds on a series of activities that further demonstrate the company’s commitment to invest in innovation. Recently, Covestro launched a global initiative, called the Start-up Challenge, which Crookston helped to champion in North America. This internal competition encourages Covestro employees to submit innovative ideas and collaborate with others to fully develop their projects. One winning team will receive funding to take its idea from concept to reality.

Covestro also partnered with the United Nations Environment Programme to launch Young Champions of the Earth. Through this initiative, Covestro is tapping a global audience for environmental solutions, mentoring recently announced champions and providing seed funding for them to bring their big ideas to life.

“These investments signal a company that is serious about innovation,” said Crookston. “That’s what drew me to Covestro; what will keep me here is the energy and excitement surrounding innovation. I’m looking forward to using my skills and experience to help capitalize on that excitement and, ultimately, grow the business in new and different ways.”

About Covestro LLC:

Covestro LLC is one of the leading producers of high-performance polymers in North America and is part of the global Covestro business, which is among the world’s largest polymer companies with 2016 sales of EUR 11.9 billion. 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, electrical and electronics, and medical industries. Other sectors include sports and leisure, cosmetics and the chemical industry itself. Covestro has 30 production sites worldwide and employed approximately 15,600 people at the end of 2016.

Find more information at www.covestro.us.

Covestro Contact:

Alice Sox, Phone: +1 412-413-5430
alice.sox@covestro.com

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This press 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 on the Covestro website at www.covestro.com. Covestro assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.

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