Conti extends CEO Degenhart’s tenure to 2024

Hanover, Germany – Continental AG’s supervisory boards has extended the tenure of chief executive officer (CEO) Elmar Degenhart for another five years to 11 Aug 2024.

The decision is a show of confidence in Degenhart, who has led Continental since August 2009 and whose tenure was due to end in the same month next year.

In a speech during a Conti supervisory board meeting 27 Sept, Degenhart vowed to continue with the transformation of the German group in preparation for future growth.

“Continental is now tackling one of…

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