Monday, April 21, 2014

Elmar Degenhart: Continental Chief

Elmar Degenhart was born on January 29, 1959 in Dossenheim, Germany. Academic wise his achievement is quite impressive; he studied Air and Space Technology at the University of Stuttgart earning a degree in 1987. Elmar went on to obtain a Ph.D. in 1992. His thesis was on mechanical engineering in the area of cleanroom technology.

Elmar was a scientific employee at the Fraunhofer-Institute for Manufacturing Engineering and Automation IPA from 1987 to 1993. His last position was as Head of department Handling – and Industrial Robots Systems.

Obviously a technical expert in his field, Elmar also showed managerial skills which enabled him to climb the corporate ladder. He next worked at ITT Automotive Europe GmbH from 1993 to 1998 before leaving the company his last position was as Director Operations Brake Systems, North America.

From 1998 to 2003 he worked for Continental AG, as Executive Vice President Electronic Brake Systems and Member of the Management Board of Continental Teves AG & Co. oHG.  Then from 2004 to 2005 he was President Chassis Systems at Robert Bosch GmbH. Elmar then became CEO of Keiper Recaro Group and next President of Schaeffler Group Automotive.

Since August 12, 2009 Elmar has been the Chairman of the Executive Board of Continental AG, based in Hanover, Germany. His additional responsibilities include Corporate Communications, Corporate Quality and Environment, Continental Business System, and Automotive Central Functions.

Just how good are Elmar’s management and leadership skills? The supervisory board of Continental extended the contract of Elmar by 5 years until the end of August 2019. This is due to his outstanding work to bring Continental AG back into the fold of the DAX 30 companies and making it more sustainable as an innovative technology supplier.

Continental today is among the top 5 automotive suppliers in the world. It supplies brake systems, systems and components for powertrains and chassis, instrumentation, tires and more. As of December 2012 the firm had around 170,000 employees in 46 countries with sales of €32.7 billion.

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