Andreas Wolf has been appointed to the Executive Board of Continental AG effective June 3, 2020, where he is responsible for the powertrain business Vitesco Technologies. As part of the organizational realignment of the Continental Powertrain division, Andreas Wolf assumed the position of chief executive officer (CEO) of Vitesco Technologies on October 1, 2019. He had already headed Continental Powertrain since October 2018.
Before that, he was in charge of the Body & Security business unit in the Interior division. Under his leadership, this business unit has trebled its sales, exceeded its break-even point and continually achieved attractive profit margins. Furthermore, he was involved in setting up the joint venture with Osram, which was founded in 2018, and was responsible for the carve-out of Continental’s part of the business.
Mr. Wolf has more than 30 years’ experience in the automotive electronics industry. Andreas Wolf studied business administration at Friedrich-Alexander University in ErlangenNuremberg, Germany, where he earned a master’s degree in business administration in 1989. Afterwards, he joined Siemens AG in Regensburg, Germany, as group leader for product disposition for the electronic plant Siemens Automobiltechnik, the former automotive branch of Siemens AG. In April 1993, he moved to France with his family to work for Siemens Automotive S.A. Toulouse, France. Here he took on the role of head of controlling for Chassis Systems worldwide. In 1996, Mr. Wolf was promoted to head of the logistics department for the Siemens Automobiltechnik electronic plant in Regensburg, Germany. A few years later, Mr. Wolf took on an additional role as head of controlling and head of logistics. In January 2000, Mr. Wolf was appointed to the role of CFO for Siemens` Diesel Systems business in Regensburg, Germany. Inearly 2004, he became the CFO of the Siemens VDO Interior & Infotainment business. With the acquisition of Siemens VDO by Continental AG in 2007, Mr. Wolf was promoted to head the Body & Security business unit.