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              Continental is Preparing to Spin-off Automotive and Make it an Independent Company

              Due to the increasingly dynamic markets in the automotive industry, the Continental Executive Board has decided, following a strategic review, to on spin off the Automotive group sector. Subject to the approval of the Supervisory Board in March 2025, the spin-off will be presented for resolution to the Annual Shareholders’ Meeting of Continental AG on April 25, 2025. The current plan is to complete the spin-off of Automotive as a European company (Societas Europaea, SE) listed on the Frankfurt stock exchange by the end of 2025. The independent company will operate under a new brand, which is to be launched by the end of April 2025. The company will be led by Philipp von Hirschheydt (50), who has headed the group sector as a member of Continental’s Executive Board since May 2023.

              Our strategy aims to increase our value creation. This involves systematically analyzing how we can best position our group sectors for success.
              Nikolai Setzer
              CEO Continental
              Strengthening Ahead of IPO: Continental Appoints Karin Dohm as Future CFO for Automotive

              Continental’s Automotive group sector has appointed Karin Dohm (52) as the future CFO to continue driving forward its already started path to independence. The current chief financial officer of the Hornbach Group will strengthen the Automotive team from April 1, 2025. She is designated to take over responsibility for the Executive Board function for Accounting, Controlling, Treasury, Tax, Mergers & Acquisitions and Real Estate Management, Investor Relations and IT of the future independent Automotive business alongside the designated CEO Philipp von Hirschheydt.

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              Continental Sets Out Plan for Automotive Spin-off and Initiates Sale of ContiTech’s OESL Unit

              The Continental Executive Board informed the Supervisory Board at a meeting today of its decision and concrete plan to spin off the Automotive group sector. Subject to the approval of the Supervisory Board in March 2025 and resolution by the Annual Shareholders’ Meeting of Continental AG on April 25, 2025, the current plan is to complete the spin-off of Automotive as a European company (Societas Europaea, SE) listed on the Frankfurt stock exchange by the end of 2025. 

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              Continental Executive Board Decides to Spin Off Automotive

              Spin-off of Automotive group sector planned by the end of 2025, with preparations to be completed by the end of the third quarter of 2025.

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              Continental to Evaluate Making Automotive an Independent Company and to Prepare Spin-off

              Due to the increasingly dynamic markets in the automotive industry, the Continental Executive Board has decided, following a strategic review, to conduct a further detailed evaluation on spinning off the Automotive group sector.

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