Dr. Hubertus von Grünberg lays down his position of Chairman of the Supervisory Board of Continental AG with immediate effect

(PresseBox) (Hanover/Frankfurt/Main, ) The Chairman of the Supervisory Board of Continental AG, Hanover, Dr. Hubertus von Grünberg has this Friday communicated that he will lay down his position with immediate effect. He will also lay down his mandate as an ordinary member of the Supervisory Board with immediate effect and due to personal reasons. Until a new Chairman can be voted on, the Supervisory Board will be led by the Deputy Chairman, Werner Bischoff.

Dr. von Grünberg has been Chairman of the Supervisory Board since 1999 and Chief Execu-tive Officer of the company between 1991 and June 1999.

Continental Reifen Deutschland GmbH

With sales exceeding €24 billion in 2008, the Continental Corporation is one of the top automotive suppliers worldwide. As a supplier of brake systems, systems and components for the powertrain and chassis, instrumentation, infotainment solutions, vehicle electronics, tires and technical elastomers, the corporation contributes towards enhanced driving safety and protection of the global climate. Continental is also a competent partner in networked automobile communication. The corporation employs nearly 140,000 at approximately 190 locations in 35 countries.

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