Continental Decides to Make ContiTech Independent and Adjusts Composition of Executive Board

New composition of the Executive Board

With the creation of three independent companies, adjustments will be made to the composition of the Continental Executive Board. Dr. Ariane Reinhart (55), Executive Board member for HR and Sustainability and director of Labor Relations, will step down from her position on June 30, 2025. Ulrike Hintze (48) will be appointed as director of Labor Relations and Executive Board member for HR effective July 1, 2025. She will continue to manage the HR function in the Tires group sector at the same time. Setzer will take over responsibility for Sustainability from Reinhart in addition to his responsibility for IT and Communications.

Group sectors: three strong, independent champions moving forward 

Automotive offers cutting-edge electronic products and modern mobility solutions. It has carved out a strong market position for innovative sensor solutions and displays as well as technologically leading brake and comfort systems, and has extensive expertise in software, architecture platforms and assistance systems for the rapidly growing future market of software-defined and autonomous vehicles. The group sector employs around 92,000 people and generated sales of around €19.4 billion in fiscal 2024. The listing of Automotive on the Frankfurt Stock Exchange is currently scheduled for September 2025, subject to the approval of the Annual Shareholders’ Meeting on April 25, 2025.

Tires operates a successful global portfolio of car, truck, bus, two-wheel and specialty tires as well as smart solutions and services for fleets and tire retailers. The megatrends of sustainability, electric mobility and digitalization offer a wide range of opportunities for further profitable growth. Continental already offers one of the most sustainable production tires on the market and supplies its premium tires to 18 of the world’s 20 highest-volume manufacturers of fully electric vehicles. In the past fiscal year, the group sector generated sales of around €13.9 billion with a workforce of more than 57,000.

ContiTech has around 39,000 employees, recorded sales of around €6.4 billion in 2024 and is a specialist in innovative material solutions with a clear industrial focus. The group sector’s core industries currently comprise off-highway mobility, mining, construction and home, energy management and automotive. As previously announced, a carve-out is planned in the near future for a large portion of its business that supplies rubber products to automotive manufacturers, consolidated in the Original Equipment Solutions (OESL) business area. This business area, which employs around 16,000 people in 16 countries, is currently being presented to potential buyers and partners.