The Supervisory Board of Continental AG appointed Roland Welzbacher to the Executive Board effective August 1, 2025. Welzbacher will succeed Olaf Schick, who requested the early termination of his contract in December 2024. The Supervisory Board of Continental AG agreed to this at its meeting on December 18, 2024. Following a joint transition period, Welzbacher will take over the role of CFO from Schick on October 1, 2025. The exact allocation and structure of Olaf Schick’s Executive Board functions (Finance as well as Integrity and Law) will be announced at a later date. Welzbacher will continue to manage the Finance and Controlling function in the Tires group sector at the same time, which he has headed since 2023. After the ContiTech group sector becomes independent as planned, Welzbacher will continue his Executive Board role at Continental AG, which will then be focused on tires.
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