Go directly to
      Graphic Ad-hoc
      August 12, 2009

      Ad hoc: Personnel Announcement

      In its special meeting today, the Supervisory Board of Continental AG agreed upon the following changes in the Supervisory Board and Executive Board:

      Effective immediately, the chairman of Continental's Executive Board, Dr Karl-Thomas Neumann (48), steps down from Continental’s Executive Board by mutual agreement. Also effective immediately, Dr. Elmar Degenhart (50), previously chairman of the management board of the Automotive unit in the Schaeffler Group, is appointed as new chairman of the Executive Board of Continental AG. At the same time, he takes charge of the Powertrain division.

      The chairman of the Supervisory Board, Mr. Rolf Koerfer, expressed his willingness to step down from his post as chairman of the Supervisory Board of Continental AG after reorganization of the Executive Board has been completed, including in particular the appointment of a CFO, and to initiate the election of a new member of the Supervisory Board to the post of chairman, who shall come from outside the companies. Mr. Koerfer will continue to be a member of the Supervisory Board as Chairman's Committee member.

      Furthermore, the Supervisory Board appointed three new members to the Executive Board: Dr. Ralf Cramer (43, head of the Chassis & Safety division of Continental AG), Mr. Helmut Matschi (46, head of the Interior division of Continental AG) and Mr. Nikolai Setzer (38, head of the Passenger and Light Truck Tires division of Continental AG).

      The search for a new CFO, who is not to be recruited from either the company or from the Schaeffler organization, will get underway immediately.

      Cookie Policy

      We use cookies to provide you with the best experience on our website. Click on "Accept all" to allow all cookies or "Change cookie settings" to decide individually.

      Note: If you consent to the use of performance cookies, you also consent to the transfer of your personal data to insecure third countries (e.g. to the USA). These insecure third countries do not provide a level of data protection comparable to EU standards. In the case of certain third party providers, such as Google and Mouseflow, no other guarantees are offered to compensate for this deficit. There is therefore a risk that the transmission of your personal data may result in state authorities accessing your personal data without you having effective legal protection options.

      For more information on performance technologies and the transfer of data to third countries, please refer to the privacy policy.

      By clicking the "Accept all" button, you explicitly consent to this. Consent can be revoked at any time by changing the cookie settings. The further processing of data already collected before revocation by the third-party provider cannot be excluded.

      A cookie is a small data file that is stored on your device. We use cookies to provide basic and convenience functionalities, measure website performance and analyze user behavior on the website. 

      Required cookies are always activated because they are indispensable for the operation of the website and to store your cookie consent. Functional and performance cookies are optional. All optional cookies are deactivated by default.

      You can change your cookie settings at any time by visiting our Cookie Policy or by clearing the cache in your browser. 

      Show more Show less
      Required cookies Required

      These cookies are required to provide you with key functions.

      Functional cookies

      These cookies are used to provide certain functionalities to you.

      Performance cookies

      These cookies are used to measure website performance and user behavior. All collected data are analyzed anonymously.