ERJ staff report (LMH)
Hanover, Germany – The supervisory board of Continental has renewed the appointment of the incumbent executive board chairman Elmar Degenhart for another five years, until August 2019.
The board of the German automotive supplier also appointed Frank Jourdan head of the vehicle dynamics business unit; Jourdan also joins the executive board with this appointment. He will be chairman of the management board for the chassis and safety division.
Commenting on the reappointment of Degenhart, supervisory board chairman Wolfgang Reitzle said, “"In the past four years, Elmar Degenhart has considerably helped to bring Continental AG back into the fold of DAX 30 companies and make it more sustainable as an innovative technology supplier. The members of the supervisory board unanimously honour his outstanding performance and reaffirm their trust.”
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News Release from Continental