Continental headquarters in Hanover
The automotive supplier draws the first conclusions from the massive data outflow from the company network.
(Photo: Reuters)
The automotive supplier and tire manufacturer Continental is expanding its board of directors to six members and creating a new department for integrity and law. In its meeting on Wednesday, July 1, 2023, the Supervisory Board appointed lawyer Olaf Schick for this area for three years, as the Dax group announced in Hanover. Schick is currently Chief Financial Officer (CFO) of Mercedes-Benz Group China.
“We are bundling the responsibility for law, compliance and risk management as a whole in one board department,” said the chairman of the supervisory board, Wolfgang Reitzle. “In this way, we are approaching these topics in an even more focused manner against the background of increasing requirements worldwide and are underlining their importance.”
More: Continental employee uses unauthorized browser – thus enabling the gigantic cyber attack.
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