German auto supplier Continental AG has promoted Aruna Anand to CEO of the company's automotive group sector in North America as it aims to adapt to a changing industry.
Anand, 49, takes over for Robert Lee, who left the company in May to be president and chief strategy officer for battery maker LG Energy Solution North America.
Effective Dec. 1, Anand will oversee Continental's North America auto division, made up of about 40,000 employees and accounting for 25 percent of overall business for Continental, which generated around $35 billion in revenue last year.