Continental appoints Soussan as the new Chairman of its Supervisory Board
Continental Announces Change in Leadership and Plans for Plastics Division
In a significant move, Continental AG, the German automotive and technology company, has announced that Sabrina Soussan will be taking over as the chairman of the supervisory board next year. This news follows the announcement that Wolfgang Reitzle, who has been a member of the Supervisory Board for 16 years, is stepping down.
Reitzle, who initiated the current demerger of the Group, will see his term of office end as planned at the shareholders' meeting on April 30, 2026. The 'Frankfurter Allgemeine Zeitung' previously reported on this change at the top of the board.
Sabrina Soussan, with over 25 years of experience in the automotive and transportation industry, will succeed Reitzle. She will join the Supervisory Board as a shareholder representative at the end of this month and is expected to take over the chairmanship after the 2026 Annual General Meeting.
Soussan has a rich background in the industry. She has worked at Siemens' train division Siemens Mobility and at Conti itself in the past. Most recently, she was head of the French waste disposal group Suez.
Meanwhile, the plastics technology division of Conti is scheduled to be sold next year. The company recently spun off its automotive supplier division under the name Aumovio via an IPO.
This transition at Continental comes at an interesting time, with the company undergoing significant changes. The new leadership will undoubtedly face challenges, but with Soussan's extensive experience, she is well-positioned to lead Continental into the future.
Read also:
- Shaping India's Economic Progression: Readying the Financial System for Tomorrow
- Conflict between Ben & Jerry's co-founder and Unilever over Gaza issues leads to resignation of co-founder
- Two farmers in Zambia take legal action against two firms with Chinese connections, alleging an ecological disaster caused by their operations.
- Deepening EU-India relations despite apprehensions regarding Moscow connections
