After more than eleven years in office, the CEO of Continental AG Dr. Elmar Degenhart (61) has informed the Supervisory Board today about his intention to resign from his mandate for reasons of immediately necessary preventive health care effective November 30, 2020. He has asked the Supervisory Board to accept the early termination of his Executive Board mandate and his contract, which would have run until August 11, 2024. Supervisory Board Chairman Professor Wolfgang Reitzle has announced that he will convene the Supervisory Board shortly to decide on the appointment of the successor to Degenhart.

Degenhart, who holds a doctorate in engineering, has been CEO of the company since August 12, 2009, and is currently in his third term. He is directly responsible for Group Communications, Group Strategy, Group Total Quality Management and the start-up program co-pace.

Source link

Author: Editor
Editor represents multiple online news sites, including STL.News, RSSNews.Press and more. As a media company offering website hosting, design and SEO we create the news sites in part to illustrate our "search engine friendly" web hosting and design services. In addition, we believe that our "direct source news" concept helps provide accurate information to the public without bias.