New management structure at Continental
Continental’s executive board member Nikolai Setzer, 47, has switched to the company’s Automotive Group on 1 April 2019. Hi successor as head of the Tire division and Corporate Purchasing is Christian Kötz, 48, who before headed the Commercial Vehicle Tires business unit.
Due to the changes in the automotive area, Continental’s supervisory board also extended the appointments of executive board members Frank Jourdan, 58, and Helmut Matschi, 55, ahead of time until the end of March 2024. It has also extended the appointment of CFO Wolfgang Schäfer, 59, which was due to expire this year, by five years to the end of 2024.