Tire Store Manager Faces Embezzlement Charges

A former manager of Craig Tires in New Mexico has been arrested and charged with nine counts of embezzlement for taking more than $25,000 worth of tires and reselling them for his own personal gain, according to local reports.

The investigation has been ongoing since May 30. New Mexico State Police State police arrested the man last week, claiming that he embezzled a total of $25,963 worth of tires from the local business.

According to reports, the store manager was caught by Craig Tires’ owner and operator on surveillance cameras picking up a total of 24 tires at two tire distributors in Albuquerque, N.M., on two separate occasions. The store manager, according to the complaint, told the owner that he had sold the tires to help his family in Mexico. The owner gave him a week to pay back the company, which he never did.

When state police become involved, numerous other purchases surfaced.

The Goodyear Tire & Rubber Company has named Ryan Waldron as president of the company's Americas business unit, reporting to Chief Executive Officer and President Mark Stewart. He succeeds Steven R. McClellan, who retired on April 1.

"At Goodyear, our customers are at the center of everything we do, and in Ryan Waldron, we have a customer-centric, execution-focused business leader with a deep understanding of both the marketplace and all aspects of our business, as well as a proven track record of delivering results," Stewart said. "I am thrilled to announce him as president of Goodyear's Americas business and have enormous confidence that under his leadership, both the company and our customers will reach even greater levels of success."