Conti Teves NA President & CEO Kozyra Resigns

The president and CEO of Continental Teves North America, William L. Kozyra, has elected to leave the company as of June 1, 2008. Mr. Kozyra’s request to terminate his contract and appointment to the company’s Executive Board early was accepted during a meeting of the Continental AG Supervisory Board on May 29. In a statement Continental says Mr. Kozyra will, following his resignation, “take up a new challenge in another company.”

William Kozyra had been deputy member of the company’s Executive Board for the NAFTA region since February 2006. Amongst other roles, Kozyra was responsible for the integration of the Motorola Automotive activities into Continental. The Supervisory Board of Continental has expressed its thanks to Mr. Kozyra for all the work he has done during his ten years as president and CEO of Continental Teves North America and has wished him every success in his new assignment.

Effective June 1, 2008, Samir Salman, head of Division Chassis and Safety NAFTA, will take on the role of CEO for North America, and Jeff Klei, General Motors key account manager, will serve as President for North America.