Alan Hippe, Continental AG’s CFO and executive board member and head of Continental Tire North America (CTNA), appears to be on the fast track.
Hippe, 41, will take over as head of Conti’s passenger/light truck tire division as of April 1, and will add responsibility for the company’s rubber parts group later this year. He will succeed Manfred Wennemer, executive board chairman, in leading the tire unit, which may put him in line to succeed Wennemer, 60, as chairman.
Hippe will continue as CFO until a replacement is named, the company said. He will take over the rubber products operations in September upon the retirement of Gerhard Lerch.
Continental said no other board or management changes are planned, although Hippe’s status as head of CTNA is unclear. (Courtesy of Tire Review)