Titan says It is Considering Offer, But No Action Yet

(Akron/Tire Review) Titan International said today that it is still reviewing the $18-per-outstanding-share offer it received in October 2005 from One Equity Partners, a JP Morgan Chase & Co. unit.

By Tire Review Staff
January 23, 2006

After receiving the initial offer, Titan’s board appointed a special committee, which included Titan Chairman Morry Taylor, to consider the offer. This morning, the company said, “The Special Committee has not set any time schedule for reviewing any indication of interest, including the (One Equity) proposal,” and said that it could not “predict whether or not an agreement concerning the proposal or any other transaction will be concluded.”

It was expected that the special committee would accept the offer, which would functionally take Titan private.

Tire Discounters Appoints New Leaders in Marketing, Supply Chain

Michael Sarow will serve as head of marketing and Jonathan Burns will serve as vice president of category management.

By Christian Hinton
September 19, 2023

Tire Discounters appointed two new leaders in its marketing and supply chain departments: Michael Sarow as head of marketing and Jonathan Burns as vice president of category management.

Sarow joined Tire Discounters as senior director of marketing in May. He is a classically-trained marketer with a diverse background in omnichannel marketing, brand management, digital content strategy, ecommerce and product innovation. Most recently, he held the position of marketing director at Russell Stover.