HOUSTON–(BUSINESS WIRE)–$OEC #AGM–Orion Engineered Carbons S.A. (NYSE: OEC), a worldwide supplier of specialty and high-performance carbon black, today announced that it will hold its annual general meeting of shareholders on Thursday, June 24, 2021, at 2:00 P.M. Central European Time at the company’s office, located at 6, Route de Trèves, L-2633 Senningerberg (Municipality of Niederanven), Grand Duchy of Luxembourg. The company also set its record date for the admission of the company’s shareholders to its annual general meeting for April 29, 2021, at 11:59 P.M. Central European Time.
Read the source article at Home – Collision Repair Magazine
Goodyear Tire & Rubber Co will acquire Cooper Tire & Rubber Company for approximately $2.8 billion to double its presence in North America and China. Goodyear said the deal also broadens the distribution for Cooper replacement tires through its retail store network.
Under the terms of the deal, Cooper shareholders will receive $41.75 per share in cash and a fixed exchange ratio of 0.907 shares of Goodyear common stock. The implied cash and stock consideration for Cooper shareholders is $54.36 per share, representing a premium of 24% to its closing price on February 19.
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Read the source article at Goodyear/Cooper Tire Transaction Facts
Continental has changed its management in the “Specialty Tyres” business unit as of January 1: Wolfgang Thomale, head of the entire Specialty Tyres business unit, is also responsible for the associated Two-Wheel Tyres segment. This was previously under the management of Thomas Falke. Falke, who will now be responsible for the Commercial Specialty Tyres segment, which Thomale had led since summer 2020.
Read the source article at Commercial Tyre Business
Ferrari joined the tiremaker in January 2020. Within weeks, he found himself having to navigate a new job and firm amid a rapidly escalating global pandemic. What helped, the 50-year-old Ferrari said, was keeping his eyes on the rest of the world. “I have immediate family in Milan and Turin and those parts of Italy were the biggest first clusters after China, so I immediately knew how severe this was,” said Ferrari, who is based in Nashville, Tennessee.
Read the source article at The Business Standard
Bridgestone Retail Operations (BSRO), a subsidiary of Bridgestone Americas , announced that Marko Ibrahim has been named president of Bridgestone Retail Operations.
Ibrahim joined BSRO in February 2018 as vice president of stores and was promoted to senior vice president of stores in 2020.
Read the source article at Tire Review
Kumho Tire has appointed Gangseung ‘Tony’ Lee as Senior Vice President of Global Marketing, effective from January 1 this year.
Lee previously served as Vice President of Marketing & Sales for Hankook Tire Europe GmbH, and succeeds Namhwa Cho who has taken up the position of President of Kumho Tire Europe GmbH.
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The board of directors of Cooper Tire & Rubber Co. has named Tyrone Michael (T.J.) Jordan a director of the company effective Jan. 10.
Jordan is the former president and chief operating officer of DURA Automotive Systems, a leading Tier One automotive supplier of electric/hybrid systems, advanced driver-assistance systems, mechatronics, lightweight structural systems, and luxury trim systems for premier automotive brands.
Read the source article at Aftermarket News
A remarkable shift has been taking place in automaker executive ranks: Women now rule the U.S. marketing world.
In 2018, Joy Falotico took on the chief marketing officer title at Ford Motor Co. The next year, Fiat Chrysler Automobiles tapped Marissa Hunter to fill a new role, head of North America marketing. Months later, Deborah Wahl at General Motors and Angela Zepeda at Hyundai were named CMOs.
Read the source article at Today News Post
Alliance Tire Americas is now Yokohama Off-Highway Tires America (YOHTA), the U.S. sales and marketing arm of Yokohama Off-Highway Tires (YOHT).
Yokohama Rubber, created YOHT to consolidate its off-the-road (OTR) tire businesses across the globe with the Alliance, Galaxy and Primex brands it acquired when the company purchased Alliance Tire Group (ATG) four years ago.
Read the source article at Traction News
MISSISSAUGA, ON. – December 18, 2020. Continental, one of the largest automotive technology suppliers and tire manufacturers in the world, today announces the appointment of Tina Alessi as the new National Sales Manager for Continental’s Passenger and Light Truck (PLT) tires business in Canada. The PLT tires segment comprises passenger car, crossover utility vehicle, sports utility vehicle, van, and light truck tires. In her new role, Alessi is the first female to join Continental Tire Canada’s PLT senior leadership team.
Alessi joined Continental in 2008, most recently serving as National Account Manager for Continental’s PLT tire business. Her journey at Continental has witnessed immense change, most importantly, in its people.
“I look at leadership as not just a title but about how one impacts and influences others,” said Alessi. “Over the years I have been encouraged to know my worth, have confidence in myself and my abilities, and most of all, know that my voice and opinion matter.”
Alessi’s new role is paving the way for Continental to become one of the most diverse and inclusive organizations in the country. In this new role Alessi has stated that she will continue to strive to encourage growth and empowerment through the power of diversity.
“We are so excited to have Tina as part of the senior leadership team in Canada,” said Matthew Livigni, Managing Director, Continental Tire Canada. “An important pillar of our strategy is to be the most customer-centric tire solutions provider in Canada and Tina is the best person to execute on this strategy by adding value to our customers and further developing the passenger and light truck sales team in the coming years,” stated Livigni.
Alessi will begin her new position on January 1, 2021.