Bridgestone Americas Announces New Executive Hires for Procurement, Enterprise Project Management

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Bridgestone Americas, Inc. announced new senior hires to lead business functions and better enable the company’s growth, Bridgestone says.

Rebecca Vest has joined the company as senior vice president, procurement and strategic sourcing partnerships, and Andrea Arrowsmith joins the tiremaker as its vice president of transformation initiatives and enterprise project management office (EPMO).

Read the source article at Tire Review

Yokohama makes senior management changes

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Tokyo – Yokohama Rubber Co. Ltd has announced senior management changes effective as of 1 Oct.

Takashi Shirokawa has been given an additional role as head of the company’s Tire Materials Development department no.1.

This in addition to Shirokawa’s current roles as head of the Tire Materials Development division, head of R&D Center and head of R&D department.

Also, Osamu Mikami has gained an extra role as head of the company’s Hamatite and Electronic Materials division.

Read the source article at European Rubber Journal

USTMA Board Selects Goodyear’s McClellan As Board Chair

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The U.S. Tire Manufacturers Association (USTMA) announced the election of Stephen R. McClellan as chairman of the Board of Directors, for a two-year term starting Oct. 3. McClellan is president of The Goodyear Tire & Rubber Company’s Americas business unit.

McClellan succeeds Jim Hawk, chairman, Toyo Holdings of America, Inc., who served as USTMA’s board chair since 2016.

Read the source article at Tire Review

Continental CEO to Continue Tenure

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The Supervisory Board of Continental AG, Hanover, extended the tenure of CEO Dr. Elmar Degenhart by another five years to Aug. 11, 2024.

“Since August 2009, under the leadership of Elmar Degenhart as CEO together with the Continental team, the company has achieved top performance industry-wide.

Read the source article at Tire Review

SRI doubles planned capacity for Brazil truck tyre plant

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An additional investment is being made in the Sumitomo Rubber do Brasil factory in Fazenda Rio Grande, Brazil, which is scheduled to begin producing truck and bus tyres next March. This investment of BRL 153 million (£28.7 million, US$37.6 million) builds upon the BRL 312 million investment Sumitomo Rubber Industries (SRI) announced in July 2016 for setting up bus and truck tyre production equipment in Fazenda Rio Grande.

Read the source article at Tyrepress

Michelin ranks high in attracting young talent

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GREENVILLE, S.C.—When it comes to attracting young talent, Michelin North America is among the best, according to Forbes magazine, which recently named the Greenville-based tire maker one of the “Best Employers for New Grads.”

Read the source article at Rubber and Plastics News

Darren Wells back at Goodyear as CFO

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A familiar face has returned to Goodyear Tire & Rubber. As of 20 September, Darren R. Wells is back with the tyre maker as executive vice-president and chief financial officer – a position he held between 2008 and 2013. He succeeds Laura Thompson, who in June announced her intention to retire in the first quarter of 2019 following a 35-year career with the company.

Read the source article at Tyrepress

LANXESS rated among best 10% of global companies

Specialty Chemicals Company LANXESS is to be represented in two Dow Jones Sustainability Indices again this year. Starting from September 24, 2018, LANXESS will be listed in the Dow Jones Sustainability Index (DJSI) World for the eighth time in a row. The group will also be included in the DJSI Europe again. Only the best 10% of the global companies analyzed in each sector are included in the DJSI World, while the best 20 % of companies headquartered in Europe are included in the DJSI Europe.

Read the source article at Rubber Asia

Tyre maker Michelin confirms 2018 guidance despite China slowdown

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Tyre makers such as Michelin and its rivals Continental and Goodyear have been hit by weaker demand in China, whose economy has been slowing, and the impact of adverse foreign exchange movements and commodity prices.

But Michelin said growth in Europe and north America meant it would stick to its overall 2018 financial targets.

Xavier Caroen, an analyst at French brokerage Bryan Garnier, said the statement would reassure investors that the French company had not been as badly affected as other tyre makers.

Read the source article at Stock Market Quotes and News

Orion Engineered Carbons CEO Jack L Clem to retire

Orion Engineered Carbons’ CEO, Jack L Clem, 65, is to retire from the role, which he has fulfilled since 2011. He will be nominated to join the board of directors and during a transition period will act as an advisor to the company.

Corning F Painter, 55, will succeed Clem as the new CEO and will also be nominated to join the board of directors. Painter was selected during a broad executive search process and stood out due to his track record in the international chemical industry.

Read the source article at Tire Technology International