Who is the CFO of Continental?

Olaf Schick is the Chief Financial Officer (CFO) of Continental.

Schick assumed the role of Chief Financial Officer at Continental on July 1, 2024. Before this appointment, he had already been serving on Continental's Executive Board as the member responsible for Integrity and Law since May 2023. His extensive financial leadership background includes his tenure as Chief Financial Officer of Mercedes-Benz Group China, a position he held starting in July 2020. Born in Tübingen, Germany, in 1972, Schick brings a wealth of experience to his current position at the global automotive technology company.

Here is a brief overview of Olaf Schick's key roles:

The Critical Role of a CFO at a Global Corporation

As the CFO of a major international company like Continental, Olaf Schick oversees all financial operations, including financial planning, risk management, and reporting. This role is pivotal in ensuring the company's financial stability and strategic growth.

Key responsibilities typically include:

• Financial Strategy and Planning: Developing and executing financial strategies that align with the company's overall business objectives, involving forecasting, budgeting, and capital allocation.
• Risk Management: Identifying and mitigating financial risks, such as market fluctuations, credit risks, and operational challenges.
• Investor Relations: Communicating financial performance and strategic direction to investors and the wider financial community.
• Compliance and Governance: Ensuring adherence to financial regulations and corporate governance standards.
• Mergers and Acquisitions: Evaluating potential acquisitions or divestitures from a financial perspective.

This combination of integrity, legal oversight, and financial expertise positions Schick to effectively manage Continental's financial future.