Del-Nat Tire Names Williams Director of Finance
Memphis-based Del-Nat Tire Corp. has named Ronnie Williams to serve as the company’s director of finance.
GE Capital Retail Finance Hits 80 Years
GE Capital’s Retail Finance business is celebrating 80 years of providing financial solutions to retailers. Founded in the 1930s, the business provides customized credit programs to retailers and consumers in the U.S. and Canada, including private label and bankcard credit programs to major national, regional and independent retailers in the U.S., as well as promotional
Schaeffler Holding Refinances Debt, Issues Bonds
On July 17, Schaeffler Holding signed a new €3.875 billion credit agreement that it is said to offer improved terms. As part of the transaction, Schaeffler Holding intends to issue high yield bonds in euro and US dollar tranches, with an issue size equivalent to approximately €1.5 billion. This will go toward repaying the company’s
Former Bridgestone CEO Emkes to Retire as Tenn. Finance Commissioner
Tennessee state finance chief Mark Emkes, former CEO of Bridgestone Americas, is retiring after three years as commissioner of the Department of Finance and Administration, Republican Gov. Bill Haslam’s administration announced Monday. Haslam selected Emkes for his cabinet following the 2010 election. According to The (Columbus, Ind.) Republic, Emkes said he has no interest in
Titan Hires Fuglaar as Finance VP for North America
Titan International has hired Keith Fuglaar as vice president of finance for North America. "We are excited to welcome Keith as a member of our leadership team," said Paul Reitz, CFO of Titan International. "Keith’s knowledge of manufacturing, along with his strong financial background provides him a solid platform for the role of vice president
Mitas Reshuffles Finance Execs, Appoints CFO
Ag and off-road tire producer Mitas has appointed Vladimir Rada as its new chief financial officer. Rada, a Czech national, most recently worked at AcelorMittal Distribution Solutions, where he held various finance and controlling-related positions. Marek Beran, the interim CFO, has been appointed as head of central logistics, while Mitas’ U.S. investment director Vladimir Dusanek
Goodyear Exec Makes ‘Outstanding Women in Finance’ List
Goodyear vice president of finance Laura Thompson was named to Treasury & Risk magazine’s 2012 list of 30 Outstanding Women in Finance. Thompson directs finance for the tiremaker’s North American Tire unit, and is also the executive in charge of developing Goodyear’s new headquarters in Akron. “Laura is an influential leader and a valuable member
Continental Looking to Refinance Loans: Reports
Continental AG plans to cut its debt with a new $8.3 billion loan to replace existing credit lines, according to various reports. Reports say that Citigroup Inc. and Deutsche Bank AG have been enlisted to coordinate the refinancing. Continental’s existing loans come from its 2007 acquisition of Siemens AG’s VDO unit for 11.4 billion euros.