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11/12/2020, 6:22 PM (Source: TeleTrader)
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Continental names Nikolai Setzer as new CEO

The Supervisory Board of Continental AG announced on Thursday Nikolai Setzer as the new Executive Board chairman, for the period from December 1, 2020, until March 2024. Setzer will also remain in his position as spokesman of the Automotive Board.

The decision followed current CEO Dr. Elmar Degenhart's announcement of his intention to resign from the position, due to health reasons.

Setzer has been working for the company since 1997 in various positions.

Breaking the News / CG