Continental AG taps former Peguform CEO Gerhard Boehm

Article by Christian A., on January 21, 2011

Continental AG brought in Gerhard Boehm, a 53-year-old powertrain engineer with CEO experience at Peguform, to head Continental's engine-management systems unit effective Jan. 1, 2011. Boehm replaced Peter Gutzmer, an executive vice president of Schaeffler Group, Continental's controlling shareholder, as head of the unit.

For over a year, the 57-year-old Gutzmer had been acting chief, in addition to his other responsibilities. Jose Avila, head of Continental's powertrain division, said the company is "grateful" to Gutzmer for bearing this extra responsibility since September 2009 and for successfully stabilizing the unit.

Avila added that Gutzmer will concentrate on his roles as president of technical product development for Schaeffler Group and executive vice president of Sch

aeffler Group Automotive. Since 2008, Boehm had been a business consultant, when left as CEO of automotive-interiors and plastics supplier Peguform GmbH after the company was sold to Austria's Polytec Group.

Between 2005 and the end of 2008, he steered Peguform through a restructuring process that returned it to profit before its sale to Polytec.

From 1999 to 2005, Boehm - of Nuremberg, Germany - held various senior positions at Federal Mogul, which supplies engine components for the auto industry.

Boehm started out at aluminum producer Alcan, where his responsibilities included oversight of the piston business. [via autonews - sub. required]

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Topics: continental, ceo

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