Donald Bunn, president of Toyo Tire North America Manufacturing Inc., has assumes the additional role of chief executive officer, effective 1 January 2018. He takes over as chief executive officer from James Hawk, who as of 1 December 2017 is chairman and chief executive officer of Toyo Automotive Parts (USA), Inc.
Better late than never – as 2017 draws to a close, we can pour ourselves a hot drink, sit by the fireplace and peruse the Toyo Tire & Rubber annual report for 2016. The 61-page document outlines the company’s progress since introducing its Mid-Term 14 business plan and outlines the new Mid-Term 17 plan, which calls for net sales to increase (from the 2016 financial year) 25.8 per cent to 480.0 billion yen (£3.2 billion) by the 2020 financial year, and for operating income to rise 21.7 per cent to 60.0 billion yen (£397.9 million).
Toyo Tire U.S.A. Corp. (TTC) has promoted Roy Bromfield to president and chief executive officer. In this role, he is responsible for all product categories of Toyo-branded business in the US replacement market.
Toyo Tire & Rubber Co., Ltd.’s Osaka head office has produced a video in support Leicester City Football Club, which the company sponsors ahead of the English Premier League’s 2016/2017 season, which starts 13 August when Leicester visits Hull.
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