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									                                                                Press Release




ContiTech Realigns
Business Units for the Future
Matthias Schönberg takes charge at ContiTech Fluid Technology •
Hannes Friederichsen to head ContiTech Air Spring Systems


Hanover, May 5, 2011. ContiTech is strengthening two of its most important
business units and has made changes in the executive staff. In the future,
the Fluid Technology business unit (€1,120 million in sales, 13,000
employees) headquartered in Karben in the German state of Hesse, will be
headed by Matthias Schönberg (43), currently Chief Executive Officer of
Continental Tire the Americas. He succeeds Hannes Friederichsen (49),
who will assume management of the Air Spring Systems business unit,
Hanover, (€233 million in sales, 1,400 employees).


Effective October 1, 2011, Friederichsen is filling the position of Dr. Thomas
Johannsen, who is retiring. Johannsen turned this unit from an air spring
manufacturer located in Hanover into an international supplier of air spring
systems with plants in six countries. “Both of these positions are of major
strategic significance for ContiTech,” said ContiTech CEO Heinz-Gerhard
Wente. “We are thus strengthening two business units that will be
experiencing above-average growth in the future and that are already very
well positioned at the international level. We are delighted that we have
been able to win over these two accomplished and internationally
experienced managers for these positions, thus guaranteeing and
expanding the successful development of both business units in the future.”


In recent years, Matthias Schönberg brought Continental Tire the Americas
on track for success and sustainably positioned the brands in the markets
of North and South America. In the future, he will strengthen the Fluid
Technology business unit, which produces hose line systems for the
automotive industry, machine and systems construction, as well as oil
                                    -2-

extraction. Schönberg has held various management positions at
Continental since 1998.


Hannes Friederichsen is an experienced manager who has been with
Continental since 1991. The former head of Continental‟s tire plant in
Stöcken joined ContiTech in 2003 and has since played a successfully
active role in the Fluid Technology business unit. Most recently, he headed
the largest segment – Heating, Cooling and Charge-Air – before
temporarily taking on the position of general manager of ContiTech Fluid
Technology early in February. ContiTech Air Spring Systems manufactures
air spring systems for commercial vehicles, the rail transport sector and
other key industries and is world market leader with many of its products.




Captions


Friederichsen_Hannes.jpg
Hannes Friederichsen, currently head of ContiTech„s Fluid Technology unit,
assumes the same position at ContiTech„s Air Spring Systems unit as of
October 1, 2011.
Photo: ContiTech


Schönberg_Matthias.jpg
Matthias Schönberg, presently Chief Executive Officer of Continental Tire
the Americas, will become business unit head of ContiTech Fluid
Technology as of
July 1, 2011.
Photo: ContiTech
                                         -3-

With sales of €26 billion in 2010, Continental is among the leading automotive
suppliers worldwide. As a supplier of brake systems, systems and components for
powertrains and chassis, instrumentation, infotainment solutions, vehicle
electronics, tires and technical elastomers, Continental contributes to enhanced
driving safety and global climate protection. Continental is also an expert partner in
networked automobile communication. Continental currently has approximately
155,000 employees in 45 countries.

The ContiTech division holds a global market leadership position for non-tire
rubber technical elastomer products and is a specialist in plastics technology in the
non-tire rubber sector. The division develops and produces functional parts,
components and systems for the automotive industry and other important
industries. It employs some 26,000 staff and generated sales of some €3.1 billion
in 2010.




Direct editorial enquiries to
Anja Graf                                   Mario Töpfer
Vice President Communications               Head of Technical Media Relations
ContiTech AG                                ContiTech AG
Vahrenwalder Strasse 9                      Vahrenwalder Strasse 9
30165 Hanover, Germany                      30165 Hanover, Germany
Ph.: +49 511 938-1190                       Ph.: +49 511 938-1304
Fax: +49 511 938-14025                      Fax: +49 511 938-1305
anja.graf@contitech.de                      mario.toepfer@contitech.de
www.contitech.de                            www.contitech.de

Press releases and photos available for downloading at www.contitech.de/press

								
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