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Katja Garcia Vila (51), chief financial officer of Continental, has informed the company’s Supervisory Board ahead of its meeting on March 12 that she will not be seeking another term on the Executive Board after her contract expires in December 2024.
Continental achieved its financial targets in the past fiscal year, taking the DAX company a step closer to its mid-term targets as it continues to defy the challenging conditions.
Continental is implementing the global measures it announced in December to increase R&D efficiency in the Automotive group sector, affecting around 1,750 jobs worldwide