Continental AG announced that Philipp von Hirschheydt (48) was appointed new Executive Board member for the Automotive group sector effective May 1, 2023. As planned, Nikolai Setzer will thus hand over his additional responsibility for the Automotive group sector in order to concentrate on his duties as CEO. As is customary for a new board member, Philipp von Hirschheydt has been appointed for a term of three years until April 30, 2026.

Philipp von Hirschheydt currently heads the User Experience business area in the Automotive group sector. He is also a member of the Automotive Board. After graduating in economics, he began his career as a financial analyst at WestLB's investment banking subsidiary in 2002, where he became vice president of corporate finance in 2005.

In 2007, von Hirschheydt joined Continental as a project manager in the Mergers and Acquisitions department. In 2009, he took over various responsibilities in the former powertrain business, before spending three years in charge of the tire business in Ecuador and a further three years managing the tire business in Shanghai from 2012. In 2018, he returned to Germany to take over the management of the European replacement business in the Tires group sector.

Following Continental's organizational realignment in 2022, he became head of the User Experience business area in the Automotive group sector and a member of the Automotive Board.