Ex-Conti CEO Neumann Takes on VW Role

On December 1 Karl-Thomas Neumann, former chief executive of Continental AG, will start in a new role with Volkswagen. Neumann will take on the newly created role of group chief officer for electric traction, and in this position will report directly to VW CEO Martin Winterkorn. This is not the first time that Neumann, who left Conti in August, has worked with the carmaker – he held various positions within the Volkswagen’s electronics operation between 1999 and 2004.