Continental announced the promotion of Philip Nelles as the new chief executive officer of Continental’s ContiTech business area. In his new role, the company says Nelles stands committed to driving the unit’s ongoing transformation as a provider of innovative solutions for a highly industrial clientele.
“We consider it our corporate responsibility to develop cutting-edge materials and innovative technologies together with and for our diversified customers,” Nelles said. “Sustainability is equally an enormous chance and a key driver for innovations for new and completely changed future business models. This enables us to not only stay on top of the evolving needs of ever-changing markets, but also to do our part in fulfilling the societal responsibilities to which the entire company group stands committed. And the sum total of all of this is that we are steadily paving the way to future viability.”