Today, the Supervisory Board of Continental AG took the following resolutions:
Effective January 1, 2010 Mr. Wolfgang Schäfer (50) has been appointed as new member of the Executive Board. He will become the CFO of Continental and assume responsibilities for Finance, Controlling, IT and Law. Currently Mr. Schäfer is Executive Director at Behr GmbH & Co KG, Stuttgart. At Behr he currently acts as CFO with responsibilities for Finance and Controlling, Purchasing, Personnel and IT.
Mr. José A. Avila (54) is appointed member of the Executive Board of Continental AG. As member of the Executive Board he will be responsible for the Powertrain division. He will take over his new position effective January 1, 2010.
Furthermore, the members of the Supervisory Board elected Prof. Dr. Wolfgang Reitzle (60), CEO of Linde AG, chairman of the Supervisory Board of Continental AG.