Alan Hippe to take control of Conti's rubber activities

ERJ staff report (DS)

Hanover, Germany -- Conti has reshuffled its senior management, and put Dr. Alan Hippe in charge of the Rubber group, made up of the passenger and light truck tyres, commercial vehicle tyres and ContiTech, effective from today, 1 October.

He will continue to hold the position of CFO and head the passenger and light truck tyres division within the rubber group. Heinz-Gerhard Wente will fill the position of Gerhard Lerch as head of the ContiTech division, who is retiring as planned. Wente will maintain his position as Executive Board member for HR and Director of Labor Relations for the company. The commercial vehicle tyres division in the Rubber group will continue to be headed by Dr. Hans-Joachim Nikolin, who is responsible for purchasing as well as quality and the environment in the corporation's Executive Board.

As of October 1, 2008, Continental Executive Board chairman Dr. Karl-Thomas Neumann will head the Automotive group, consisting of the Chassis & Safety, Interior and Powertrain divisions.

"Following an elementary change in strategy, Continental developed two major company groups in the past 10 years. These groups are concentrated on two very different business fields: Automotive and Rubber“, explains Executive Board chairman Dr. Neumann. "Following the acquisition of Siemens VDO, we created the three Automotive divisions in the summer of 2007. We are now taking the next logical steps, creating not only a strong Rubber group as a counterpart but, at the same time, setting up very clear management and responsibility structures for both groups."

This is an external link and should open in a new window. If the window does not appear, please check your pop-up blocking software. ERJ is not responsible for the content of external sites.

Press release from Continental