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Wente pact extended through early 2015

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HANOVER, Germany—Continental A.G. has extended the contract of Heinz-Gerhard Wente until April 30, 2015.

The head of ContiTech A.G and a member of Continental's executive board, Wente has been responsible for the ContiTech division since October 2008.

"We are intensively pursuing the strategic goal of further strengthening the ContiTech division's industry business," said Wolfgang Reitzle, Continental's supervisory board chairman. "Here, we are relying heavily on the vast experience of a top manager whose knowledge of the company as well as its competitors and markets is nearly unrivaled."