Continental Names New CEO After Shedding Auto Parts Business
Summarize this article with:
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Outgoing Continental AG Chief Executive Officer Nikolai Setzer, left, with Christian KötzPhotographer: NIgel Treblin/Continental AGContinental AG appointed Christian Kötz to lead the German tire maker after the company spun off its auto parts unit this year in a return to its roots in rubber. Kötz, 55, will replace outgoing Chief Executive Officer Nikolai Setzer, 54, as of January as part of a planned succession as the company focuses on its tire business, Continental saidBloomberg Terminal Wednesday. Kötz has held various positions in the tire unit at the company.