And a New CEO for Goodyear South Pacific Tyre
The Goodyear Tire & Rubber Company has announced the appointment of Judith Swales to the position of managing director and chief executive officer of its Australian-based South Pacific Tyres (SPT) business. Swales replaces Joe Copeland, who has been named vice president of Goodyears Global Off-Highway business based in Akron.
Continue ReadingCEO Outlines Kumho Plans
Kumho Tire USA’s annual dealer meeting is currently underway in Cancun, Mexico, and new CEO B.K. Kim has used the event as an opportunity to unveil the company’s aspirations for the coming years. According to media sources, Mr. Kim announced Kumho’s plans to open three new production facilities during the next few years, and with this increased production base the company is aiming for an output of more than 76 million tyres by 2010. Anticipated output for 2007 is 52 million units.
Continue ReadingCooper Names New CEO
Cooper Tire & Rubber Co. have announced their appointment of Roy V. Armes as company president, chief executive and a member of Cooper’s board of directors. Armes, 54, steps into his new role on January 1, replacing Byron O. Pond, who has served as Cooper’s interim CEO since August. Pond has voiced his support for Armes, saying We are extremely pleased to have Roy taking the lead at Cooper at this critical time, He has all the qualities we were searching for and the leadership capabilities to continue and successfully execute the companys plans for profitability. He has the complete confidence of the board and will fit in well with our management team.
Continue ReadingPirelli CEO Resigns to Focus on Telecom Italia
Pirelli & C SpA CEO Carlo Buora is resigning from his posts with the Pirelli Group in order to concentrate on his commitments at Telecom Italia SpA. According to reports Buora was appointed as Telecom Italia vice-chairman in September, in addition to his long-standing role as a CEO at the telecom firm. Pirelli is the largest shareholder in Telecom Italia with an 18 per cent stake via its 80 per cent holding unit Olimpia SpA.
Continue ReadingNew President & CEO For SmarTire
The board of directors of SmarTire Systems Inc. has promoted Vice President of Sales and Marketing, David Warkentin to President & Chief Executive Officer of SmarTire. Prior to joining SmarTire in August 2005, Warkentin was the vice president of sales for Intrinsyc Software International, Inc., a Canadian public company that provides engineering services to wireless mobile device makers and licensable software for the wireless telephone handset market.
Continue ReadingNew CEO for CTNA, Gerstenberger Promoted
(Akron/Tire Review) Matthias Schönberg, managing director of Continental Tire of Mexico, has been named CEO of Continental Tire North America, effective Oct. 1. Alan Hippe, who had been president and CEO, will remain as president of CTNA. In addition, Andreas Gerstenberger, current vice president of sales and marketing, was promoted to executive vice president of sales and marketing at CTNA. As CEO, Schönberg, who has extensive international experience, will head CTNA’s supply chain, sales and marketing and production. He will report to Hippe, who as CFO and executive board member of parent Continental AG will continue to provide strategic direction to CTNA.
Continue ReadingFormer Deutsche Bank CEO Joins Amtel-Vredestein
Amtel-Vredestein N.V. has named Hubert A. Pandza as an independent director of the companys supervisory board. The announcement was made at the company’s annual general meeting held in Amsterdam 26 June. Mr Pandza is the outgoing Business Group Director of EBRD and a former executive of Deutsche Bank, Moscow. He had headed EBRDs Russia & Central Asia Business Group and the Group for Small Business from the companys London Headquarters since 2002. Previously, he worked for over 25 years at various posts in Deutsche Bank, including the position of CEO of Deutsche Bank, Moscow.
Continue ReadingLast Workers Leave Dunlop Factory
The last shift at Dunlop’s Washington UK plant clocked off ahead of schedule on 14 June. The Early April announcement that Dunlop would close the plant came as a “body blow,” to workers, the Sunderland Echo reported, as it followed a similar announcement at nearby Stag Furniture. Dunlop said it is continuing to work alongside Sunderland Council and One North East to help the workers find new employment through the JobCentre.
Continue ReadingAmtel-Vredestein CEO Calls for Government Backing for Businesses
Speaking at the Russian Economic Forum staged in London, Amtel-Vredestein CEO, Alexei Gurin called for President Putin and the Russian Federation to help boost quality, competitiveness and profitability through backing companies in acquiring businesses, technology and skills. He stressed that Russia should use oil windfall revenues to support companies who acquire western businesses and technology.
Continue ReadingSmarTire Appoints New President and CEO
SmartTire Systems Inc has appointed Leif E Pedersen as the new president and CEO of SmarTire, effective immediately. Pedersen replaces Al Kozak who has left the company to pursue other interests.
Continue ReadingSolideal Taps Trelleborg Exec as New CEO
(Akron/Tire Review) Paul Gaines has been named CEO of Solideal Tire Inc. USA, the Charlotte, North Carolina-based industrial and specialty tyremaker. Gaines had been managing director of Trelleborg Wheel Systems. Gaines succeeds Baldwin Hickey and Thom Harris, who have served as co-CEOs. They were assigned to other executive positions within the company, Solideal said.
Continue ReadingNew CEO for Bridgestone Europe
From 1st April 2006, Takashi Urano becomes Chairman, CEO and President of Bridgestone Europe (BSEU). He succeeds Minekazu Fujimura, who is retiring. Mr. Urano joined Bridgestone in 1974, soon after graduating in economics from Keio University, Japan. By 1999, he had risen to become General Manager of the Asia and Oceania Division – and, a few months later, took over as General Manager of the China Department. At the beginning of 2004, he was appointed Director of the Middle East, Africa and Russia Division.
Continue ReadingGoodyear to shut UK tyre plant in cost-cut move
The Goodyear Tire & Rubber Co. on Wednesday said it plans to close an automobile tyre plant in the United Kingdom and a bicycle tyre plant in Poland (Debica) in order to achieve combined annual savings of up to $50 million. The largest U.S. tyre company, which is based in Akron, Ohio, said it has begun discussions with union employees as a step toward shutting its Goodyear Dunlop United Kingdom passenger tyre factory in Washington, northeast England. This action is expected to create annual savings of approximately $20 million and result in charges of between $75 million and $85 million ($55 million to $65 million after-tax). The cash portion of this charge is estimated to be $35 million to $40 million.
Continue ReadingTreadways Appoints New CEO and COO
(Akron/Tire Review) Following the retirement of chairman and CEO Dan Wire on 31 March, Treadways Corp has announced the reassignment of two senior executives. Ryoji (Roy) Araki will assume the position of chairman of the board and CEO, and Koichiro (Kyle) Iwasawa will assume the position of president and chief operating officer.
Continue ReadingManagement Changes at Nokian Tyres
Nokian has announced a number of changes at senior management level. Vice President, Purchases and Logistics, Mr. Kari-Pekka Laaksonen is appointed Vice President, Sales and Logistics as of 1 February 2006. Vice President, Nokian Car and Van Tyres, Mr. Antero Juopperi is appointed Senior Vice President, Strategy as of 1 March 2006. He is responsible for all Russian business activities, R&D and Corporate Development of the Nokian Tyres Group. Vice President, Finance and Control, Mr. Rami Helminen is appointed Vice President, Car and Van Tyres as of 1 March 2006.
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