Continental Supervisory Board Extends Dr. Karl-Thomas Neumann's Contract by Five Years

Hannover, (PresseBox) - The Supervisory Board of Continental AG extended the contract of Dr. Karl-Thomas Neumann, Executive Board chairman and head of the Automotive Group, by five years on Wednesday in Hanover. Dr. Neumann has been a member of Continental's Executive Board since October 2004 and the chairman of the Executive Board of Continental AG since September 1, 2008.

Dr. Neumann, who holds a doctor's degree in electrical engineering, joined Volkswagen AG in Wolfsburg in 1999 after working at the Fraunhofer Institute for Integrated Circuits and Systems, Duisburg (1989-1993) and at Motorola GmbH (1993-1999) in Munich and Austin, Texas. There, he headed electronics research and the corporate-wide electronics strategy, as well as other areas.

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Continental Reifen Deutschland GmbH

With targeted annual sales of EUR 25 billion for 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. Today, the corporation employs approximately 146,500 at nearly 200 locations in 36 countries.

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