 The Supervisory Board of
Continental AG has appointed Mr. Heinz-Gerhard Wente (56), member of the
Executive Board of ContiTech AG, Hanover, to the Executive Board of
Continental AG with effect from May 3, 2007. He will assume
responsibility for Human Resources at Continental AG in addition to his
current function at ContiTech AG. Wente will also serve as Continental
AG’s Director of Labor Relations.
After completing his commercial training at Continental AG and
economics studies in Hanover and Göttingen, Heinz-Gerhard Wente, holder
of a diploma in commerce, spent his entire professional life at the
Continental Corporation. He has served in various management positions
within the Corporation, including an assignment in Brazil, and was most
recently in charge of ContiTech Fluid, the ContiTech division's largest
business unit
Wente succeeds Thomas Sattelberger who has held the position of
Continental AG’s Human Resources director since July 1, 2003.
Sattelberger had requested the Supervisory Board of Continental AG that
he be granted early release from his contract and premature termination
of his appointment to Continental AG’s Executive Board in order to take
up a new challenge in another large company.
The Supervisory Board thanks Mr. Sattelberger for all the work he
has done, and in particular for his achievements in establishing a
future-oriented focus in Continental’s human resources activities. The
Board wishes both gentlemen every success in their new assignments.
The Continental Corporation is a leading automotive supplier of
brake systems, chassis components, vehicle electronics, tires and
technical elastomers. In 2006 the corporation realized sales of EUR14.9
billion. It has a worldwide workforce of around 85,000.
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