Continental AG has tapped a powertrain engineer with CEO experience at Peguform to take the helm of its engine-management systems unit, effective Jan. 1.
Gerhard Boehm, 53, replaces Peter Gutzmer, an executive vice president of Schaeffler Group, Continental's controlling shareholder, as head of the unit. Gutzmer, 57, had been acting chief for more than a year, in addition to his other responsibilities.
“We are extremely grateful to (Peter) for bearing this additional responsibility since September 2009 and for successfully stabilizing the unit,” said Jose Avila, head of Continental's powertrain division. “He will now be able to concentrate fully once more on his roles as president of technical product development for Schaeffler Group and executive vice president of Schaeffler Group Automotive.”
Boehm had been a business consultant since 2008, when he stepped down 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 the privately held company through a restructuring process that returned it to profit before its sale to Polytec.
From 1999 to 2005, the Nuremberg native held various senior positions at Federal Mogul, a leading supplier of engine components for the auto industry. He began his career at aluminum producer Alcan, where his responsibilities included oversight of the piston business.
Boehm is joining Continental at a critical time for his new business unit, Avila emphasized. The unit develops and manufactures fuel-management and injection systems for diesel and gasoline engines.
“In the next few years, the unit and its customers will face major technical challenges,” he said. “They include more stringent emissions standards around the world and increased demand from car buyers for more economical vehicles.”