Peter Gibbons is stepping down as chief executive officer of TireHub, the US-based tyre distributor jointly founded by Bridgestone Americas and The Goodyear Tire & Rubber Company. Ted Becker, TireHub’s vice-president of sales and marketing, will become interim chief executive officer once Gibbons leaves the company in mid-November to pursue a new career opportunity.
The wholesale tyre distribution networks owned by Goodyear and Bridgestone in the USA are combining to form an operation the two protagonists claim will be “one of the largest tyre distribution joint ventures in the United States.” This 50-50 joint venture, announced yesterday, echoes the arrangement that Michelin and Sumitomo Corporation entered into at the start of the year.
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