Stamford Tyres mourns death of Wee Kok Wah
The Board of Directors and management team of Stamford Tyres Corporation Limited has announced the death of Wee Kok Wah, the driving force that transformed the company from small tyre shop and retreader to global tyre and wheel distributor. Mr Wee passed away peacefully late on 21 October 2024, aged 78.
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Prometeon names 3 new UK BDMs
Prometeon Tyre Group has appointed three new business development managers (BDMs). The move is said to underscore “Prometeons commitment to growth, enhancing support for customers, and building further partnerships”.
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Ex-Trinseo VP appointed Orion CTO
Orion S.A., which supplies speciality chemicals such as carbon black to automotive firms including tyremakers, has named Natalia Scherbakoff as the company’s new chief technology officer (CTO). Scherbakoff succeeds David Deters who previously led Orion’s global innovation program for over a decade. Deters announced his retirement earlier this year and will remain with Orion through the end of 2024.
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Titan repurchases 8 million shares
Titan International Inc. reports that it has repurchased 8.0 million shares from MHR Fund Management. Titan bough back the stock for a total of $57.6 million ($7.20 per share) in cash. MHR Fund Management is led by Mark Rachesky, who has been a member of Titan International Incs board of directors since 2014.
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Continental names Vedanayagam as head of marketing, Americas
Continental Tire the Americas has appointed Ashok Vedanayagam as head of marketing for Passenger and Truck Tires for the region covering North and South America. In this role, Vedanayagam is responsible for a broad portfolio including product management, marketing communications, public relations, e-business, market intelligence, pricing, and strategic planning for the Americas.
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First Stop promotes Brenden Marais to retail north network and procurement manager
First Stop has promoted Brenden Marais to Retail North Network and Procurement Manager. The promotion follows a two-and-a-half year spell as national franchise manager.
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Ascenso names Fernández European marketing manager
Diana Fernández has been appointed as Ascenso’s new marketing manager for European business. Prior to her appointment, Fernández led “the digital transformation of four UK and Ireland brands” within Bridgestone’s European operations, which reportedly “resulted in significant growth in website traffic leading to higher conversion rates”.
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Nokian Tyres confirms 1 January start date for Pompei
Paolo Pompei will assume the role of President and CEO of Nokian Tyres plc on 1 January 2025, confirms the company’s Board of Directors. He succeeds Jukka Moisio, who will retire from the tyre maker at the end of 2024.
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Triangle board member resigns
Triangle board member Xiong Shunmin has resigned for personal reasons. After resigning from being director and a member of the board’s strategic development committee, Xiong Shunmin no longer holds any position at the tyre manufacturer and its holding subsidiaries.
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Friends turned tyre fitters making ETB Llanelli one of Wales’s most female-friendly retailers
Lifelong friends Talia Wilson and Olivia Smolicz have become fully-fledged tyre fitters for ETB Autocentre Llanelli, with another female apprentice now following in their footsteps. The former Bryngwyn Comprehensive School mates, both 18, are forging impressive careers at ETB Autocentres in Trostre Industrial Estate, in an industry historically synonymous with men. They are now encouraging other girls their age to give the profession a go.
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Zhao Laihong appointed as general manager of Bridgestone (China)
Bridgestone appointed Zhao Laihong as general manager of Bridgestone (China) effective 1 January 2025. In this role, he will be responsible for the tyremaker’s “business development and strategic planning” in China. Bridgestone said that Zhao Laihong’s “deep understanding of the Chinese market, accurate positioning and strategic vision for Bridgestone’s development, and rich experience in foreign-funded enterprise management will lead Bridgestone’s business in China into a new stage of development full of vitality and vigour”.
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Anna Hyvönen leaving Nokian Tyres next year
Nokian Tyres has announced that Anna Hyvönen, EVP Passenger Car Tyres and Vianor, has decided to leave the company. Hyvönen will remain with Nokian Tyres until July 2025.
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Scott Damon to succeed Ferrari within Bridgestone leadership team
At the end of this month, Paolo Ferrari will hand over his current roles within Bridgestone Corporation prior to his departure from the company at year’s end. The company has named Scott Damon his successor in several key positions.
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Yokohama makes senior management changes
Effective 1 October 2024, Yokohama Rubber Co. Ltd. has appointed Yoshikuni Nakamura to take on the role of Member of the Board and Managing Officer, Assistant to President, Head of Tire Business Planning Div., Head of Corporate Social Responsibility Div. He previously held the position of Member of the Board and Managing Officer, Assistant to President, Head of Tire Business Planning Div., in charge of Corporate Social Responsibility Div.
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Yokohama TWS names Elio Bartoli as company president
Yokohama TWS has appointed Elio Bartoli as its new company president, effective 1 December. Elio Bartoli succeeds Paolo Pompei, who is stepping down to become president and CEO at Nokian Tyres. Company representatives thanked Pompei for his ”impressive tenure” with the company.
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