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Continental is a leading tire manufacturer and industry specialist that develops and produces sustainable, safe and convenient solutions for automotive manufacturers as well as industrial and end customers worldwide.
Continental is planning additional global measures within its ContiTech group sector to align its structure with a changing market environment and achieve a competitive cost level. Previous measures are no longer sufficient. This is because ContiTech’s key markets and regions continue to underperform and its cost structure remains too high compared with competition. To improve its competitiveness sustainably, ContiTech aims to generate annual savings of €150 million, primarily within administrative structures, from 2028.
As Hamburg welcomes the Cruise Ship Interiors Exhibition for the first time, Continental showcases how skai surfaces combine comfort and design to elevate life at sea.
Appointment effective November 2025; reporting directly to Philip Nelles, head of Continental group sector ContiTech. Brings extensive leadership experience from different positions in the Asia Pacific region.
At its meeting today, the Supervisory Board of Continental AG appointed Christian Kötz (55) as new chief executive officer and chairman of the Executive Board effective January 1, 2026. Nikolai Setzer (54) will step down from the Executive Board by mutual agreement on December 31, 2025, after more than 16 years as a board member and five years as CEO. This step comes as planned on the back of the significant progress made with Continental’s realignment and transformation into a pure-play tire company.
