Nikolai Setzer takes over as Continental CEO
Outgoing CEO Dr Elmar Degenhart (right) hands over the baton to Nikolai Setzer (Photo: Continental)
Continental AG has appointed Nikolai Setzer (49) as its new executive board chairman until March 2024, effective 1 December 2020. He succeeds Dr. Elmar Degenhart (61), who is stepping down for health reasons, effective 30 November 2020. Setzer is widely seen as a safe pair of hands for the company who has been prepared for the position for years.
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