Monro Announces Retirement of 'Mr. Tire,' Joe Tomarchio

Monro Announces Retirement of ‘Mr. Tire,’ Joe Tomarchio

Joseph Tomarchio, Jr., Monro's special advisor for acquisitions, is retiring after a long industry career.

Monro announced that Joseph Tomarchio, Jr., the company’s special advisor–acquisitions, retired on May 1, 2023. Tomarchio, affectionately known as “Mr. Tire” in the industry, held his current position since April 2017. He was directly involved in more than sixty acquisitions in his nineteen-year tenure with Monro, tripling the size of the company.

“We are grateful for Joe’s long service to Monro,” said Mike Broderick, Monro’s president and CEO. “He has played a key role in our company’s growth, most recently in guiding our successful acquisition activity. We sincerely wish him all the best in retirement as he spends time with his family and enjoys his passion for exotic and muscle cars.”

Prior to joining Monro, Tomarchio was executive vice president and chief operating officer of Mr. Tire, which he co-founded with his brother, Fred Tomarchio, in 1970. Together, they grew the company from its initial location to twenty-six Mr. Tire Auto Service Centers, achieving a number one market share in the Baltimore, Maryland, metro area. Monro acquired the Mr. Tire brand in 2004, and Joe Tomarchio took the role of divisional vice president – tire stores.

In May 2006, he became president of Monro’s tire group. He moved up to executive vice president – store operations in October of that year, where he oversaw store operations for more than 1,100 tire and automotive service locations across twenty-seven states, as well as tire procurement, tire merchandising and marketing, and acquisitions.

Tomarchio was promoted to executive vice president of Monro in 2014. He led tire sourcing and tire vendor relationships and assisted with acquisitions, advertising and marketing. In 2017, he assumed the role of special advisor – acquisitions.

“I have had an incredible journey that I never could have imagined as a young man starting out in the tire business,” said Tomarchio. “I have had the privilege to work with, train, and mentor people from all levels of society in my more than 50-year career in the automotive industry.”

“Going from being an entrepreneur for the first thirty-plus years to a publicly traded company with Monro was a major change. It was an education that you could not buy at any price. Monro has been extremely gracious during my entire nineteen-year tenure. The opportunities they provided, and still offer to this day for our teammates, are unprecedented in our industry.”

You May Also Like

Hankook acquires additional stake in thermal management systems company, Hanon Systems

Hankook & Company Group said it will hold a 50.53% stake in Hanon Systems and take management rights as the largest shareholder.

Handshake agreement

Hankook & Company Group (formerly Hankook Tire Group) acquired an additional stake in Hanon Systems. The acquisition, which will be executed through its core business Hankook Tire & Technology (Hankook Tire), will be completed by the end of the year and is expected to expand the group into one of the top 30 companies in Korea.

PRT launches 59 new complete strut assemblies

Extending PRT’s product portfolio in North America, the new release represents nearly 12M vehicles in new coverage.

Tire Discounters partners with the Atlanta Braves for home run promotion

For every home run hit by the Braves this year in a game, Tire Discounters will give fans discounts on Goodyear/Cooper tires.

Michelin sponsors WWII vets’ return to Normandy for D-Day 80th anniversary

WWII vets will participate in several parades, ceremonies and celebrations during their 10-day tour of the Normandy region.

McCarthy Tire Service partners with Truckers Against Trafficking

McCarthy Tire Service has launched a company policy aimed at identifying and reporting potential human trafficking situations.


Other Posts

TIA’s EV Advisory Council tours Midtronics HQ

The agenda included a council meeting, a facility tour and a demonstration led by the Midtronics EV platform team.

Anyline to host the T.I.R.E. Summit

The event will include panel discussions on technology and innovation in the industry.

Radar Tires signs multi-year contract with Singapore Golf Association

Omni United said this partnership with SGA is part of its commitment to nurturing upcoming talent in Singapore.