Cooper Appoints New CFO

Cooper Tire & Rubber Co. has appointed Brad Hughes as vice president and chief financial officer (CFO). Hughes succeeds Phil Weaver who retires at the end of the year. Weaver has served Cooper 19 for years and has been CFO since 1999.

Hughes has worked as global product development controller for Ford Motor Co., Dearborn, Michigan since 2008. A Ford employee since 1986, he previously worked as finance director for Ford’s South America Operations in Sao Paulo, Brazil, director of European Business Strategy and Implementation, Cologne, Germany, European Manufacturing controller, Cologne, Germany, and in other corporate finance and treasury positions. Prior to joining Ford, Hughes worked for Fruehauf Finance Corp., Detroit, Michigan.

A Detroit native, Hughes earned a bachelor’s degree in business from Miami University, Oxford, Ohio, and earned a master’s degree in business administration from the University of Michigan Business School, Ann Arbor, Michigan.

Chairman, president and CEO Roy Armes said, “Brad Hughes is a solid, seasoned financial executive with broad exposure in several financial disciplines and a wealth of international experience.  He has been a consistent high performer in very demanding roles throughout his career. Brad’s global business development experience, coupled with his astute analytical abilities and financial insights, make him an excellent fit for Cooper as we expand the company’s global presence and work to enhance our already-strong financial position.”