Continental Appoints New CFO Ahead of Parts Maker’s Overhaul


Welzbacher, a 22-year company veteran who currently serves as finance chief of Continental’s tire unit, will oversee the final phases of its transition to a single-product company. The spinoff of the automotive unit, which will operate under the name Aumovio, is expected to take place in September, while the company is targeting a sale of ContiTech next year. 



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