Continental will be splitting its Tires and ContiTech business areas–currently consolidated in the Rubber Technologies group sector–that will see them become independent group sectors starting January 1, 2022.

The groups will continue to be led by Executive Board members Christian Kötz and Philip Nelles.

At the same time, Continental will comprehensively realign the Automotive Technologies group sector (from 2022: Automotive).

The technology company will create five dynamic, flexible business areas whose future structure will be geared to the strategic action fields and market development of Automotive Technologies.

Nikolai Setzer will continue to be responsible for this group sector on the Executive Board, in addition to his function as CEO of Continental. When the new structure comes into effect, Helmut Matschi (58) and Frank Jourdan (61) will step down from the Executive Board earlier than planned (both appointed until March 2024).

As a result of their departure and the spin-off of Vitesco Technologies, the Executive Board of Continental AG will consist of five members from January 1, 2022.

“On behalf of all members of the Supervisory Board, I would like to thank Helmut Matschi and Frank Jourdan for their many years of successful work. Both have contributed significantly to the development of Continental into one of the most successful automotive suppliers.

“At the same time, they have prepared their business areas for the technological transformation,” said Reitzle.

“We owe our strong technological position in connected and automated driving to the outstanding commitment of Helmut Matschi and Frank Jourdan. With their strategic vision, they have actively contributed to our new structure. On behalf of the entire Executive Board team, I would like to thank them for this as well as for their successful work and their deep commitment to Continental and its values over many years,” added Setzer.

In addition, in March 2021 the Supervisory Board already approved the Executive Board’s resolution to create the two business areas Autonomous Mobility as well as Safety and Motion at the turn of the year. These will emerge from the Autonomous Mobility and Safety business area.

They will combine the business for advanced driver assistance systems and automated driving and the business activities related to safety electronics, sensors, and brake and chassis systems.

With effect from January 1, 2022, the Automotive group sector will thus consist of the following business areas:

• Safety and Motion 
• Autonomous Mobility
• Smart Mobility
• User Experience
• Architecture and Networking