Cooper Tire Adds Mattel Exec, Former CEO of Herman Miller to Board of Directors
The Board of Directors of Cooper Tire & Rubber Company has named Katy P. Dickson and Brian C. Walker directors of the company effective immediately.
Dealer Tire Announces Significant Investment by Bain Capital Private Equity
Bain Capital Private Equity has made a significant investment in Dealer Tire for the company to accelerate growth and expansion.
What is An ATD ‘Critical Vendor’ and What Does it Mean to You?
If you’re a Tire Pros dealer or part of the ATD network, we’ve answered a few common questions you could be asking about how ATD’s critical vendor filing may affect your business.
Bridgestone Americas Announces New Executive Hires for Procurement, Enterprise Project Management
Bridgestone has hired Rebecca Vest as senior vice president, procurement and strategic sourcing partnerships, and Andrea Arrowsmith as vice president of transformation initiatives and enterprise project management office (EPMO).
ATD CEO’s Letter to Tire Pros Dealers on Bankruptcy Filing
Stuart Schuette, ATD’s CEO and president, sent a letter to its Tire Pros dealers regarding American Tire Distributors filing for Chapter 11 bankruptcy, reassuring them that it will be “business as usual” with no lapse in service or commitment to them throughout the process.
Tenneco Closes On Federal-Mogul Acquisition
As of Oct. 1, Tenneco has completed its acquisition of Federal-Mogul LLC, a leading global supplier to original equipment manufacturers and the aftermarket.
Global Trends Favor OTR Tire Services for Heavy Equipment Operators
Recent studies from the construction and rental equipment industries have pointed to a robust construction marketplace ahead, creating strong opportunities for off-the-road (OTR) heavy equipment operators and owners.
Pirelli ‘Ceases Activities’ in Venezuela, Sells Tire Factory
Pirelli & C. S.p.A has sold its tire factory in Venezuela and ceased all other operations in the country under severe economic crisis.
ATD to Recapitalize, Reduce Debt Up to $1.1 Billion
ATD announced that it has reached an agreement in principle with holders of more than 70% of its bonds on the terms of a recapitalization transaction that will reduce the company’s debt by up to $1.1 billion.
Monro Inc. Expands Senior Leadership Team To Support Monro.Forward Strategy
Monro Inc. has appointed Jerry Alessia as senior vice president of tire merchandising and Avi Dasgupta as vice president of information technology (IT) infrastructure and data architecture, effective immediately.
