In light of the retirement of Cimcorp’s current CEO, Tero Peltomäki, the industrial automation specialist has announced that Veli-Matti Hakala will take over effective 1 January 2025. With over 25 years of experience in industry and technology, Veli-Matti Hakala first joined Cimcorp in 2016. During that time he has held diverse roles in the company from sales to management and last year became executive vice president.
Ernst Prost, CEO of German oil specialist supplier Liqui Moly, has announced that he will be leaving the company on 22nd February 2022; the date of his 65th birthday. Prost has been with the company for 31 years and, in an often-emotional open letter to colleagues, he says that “it feels as though I’m leaving my great love, knowing full well that I’ll miss her terribly.”
Norwegian waste tyre recycling company Wastefront has appointed Vianney Valès as its new CEO, replacing founder Inge Berge, who moves to chief operating officer. Valès is a former top oil and gas executive in in companies such as Shell and Galp Energia. He was first introduced to Wastefront by its liquid offtaker Vitol in 2019, was initially engaged with the Norwegian company in his former position as CEO of Devaltec LLC, a project developer and solutions provider in new and sustainable energies. Valès will be responsible for de-risking the company’s first waste tyre plant project in Sunderland, due to begin construction in early 2022. Valès will relocate immediately to London from Houston, Texas. Wastefront added that Valès’ initial priorities will include the selection of an EPC partner, developing commercial agreements, and ensuring all outstanding permits are approved.
Il Taik Jung has been appointed Kumho Tire president and CEO. Jung joined the company in 1988 having previously held several senior positions. These include head of both the R&D Centre and Quality Division. Kumho states that these experiences are among the strengths that have led to his latest promotion. Jung is tasked with promoting an agile organisation culture that can quickly react to changing tyre markets and consumer needs at Kumho, the company states. Jung says that “R&D technology is the means by which future responsiveness in a competitive environment is best developed.”
Nokian has appointed Jukka Moisio president and CEO as of 27 May, 2020. Hille Korhonen will step down after leading the company for the last three years. Moisio has led international companies previously, such as Huhtamäki Oyj, a global packaging company, and Ahlstrom Oyj.
Two months have passed since Marangoni Meccanica changed hands, exiting the Marangoni Group with 10 million euros of recapitalization from new local partners: The Finanziaria Trentina, Alpenring, the South Tyrol-based financial firm Caran and now Marangoni Meccani has appointed a new CEO and broadened its board make-up. All this amounts to a “restart”, according to […]
Dayco LLC has appointed Joel E Wiegert as its new chief executive officer. He is responsible for the global operational performance and strategic direction of Dayco. Wiegert has also been named as a member of Dayco’s board of managers.
Kumho Tire has appointed its interim CEO as the new permanent CEO following reports it was struggling to find a suitable candidate. South Korean media sources report that the Board approved the appointment of vice president Jeon Dae-Jin (60) yesterday. Kumho also reported a net loss for the fourth consecutive year in its annual financial report.
The ECP Group has appointed Andy Hamilton as CEO, replacing Martin Gray who has decided to leave the company to pursue other interests. Hamilton joined Euro Car Parts in 2010 and held several different roles within the company, the last of which was chief operating officer.
Mitsuteru Tanigawa has become the new CEO of Falken Tyre Europe. Tanigawa (61), replaces Masatsugu Nishino, who has moved to Turkey to head up Sumitomo Rubber Industries’ manufacturing facility.
Leading UK tyre group, European Tyre Enterprise Ltd (ETEL), has announced a series of promotions within its senior management, including the appointment of a new CEO following Kenji Murai’s promotion to a global position with parent company, Itochu.
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