The Supervisory Board thanks Mr. Kozyra for all the work he has done during his ten years as President and CEO of Continental Teves North America and wishes him every success in his new assignment.
Effective June 1, 2008, Samir Salman, Head of Division Chassis and Safety NAFTA, is appointed CEO for North America and Jeff Klei, General Motors Key Account Manager, is appointed President for North America. This has been decided by the Executive Board of Continental AG on Monday.