Conti Chairman Appointed to New Role

Chairman of Germany’s Continental AG, Hubertus von Gruenberg, has been nominated chairman of the Swedish-Swiss engineering ABB Ltd. He will succeed Jeurgen Dormann, who will step down from the roll at the company’s next AGM on May 3.

Von Gruenberg has been Continental’s chairman of the board since 1999 and was the company’s president and chief executive between 1991 and June 1999.