NASHVILLE, Tenn.—Gordon Knapp, CEO and president of Bridgestone Americas, was named one of Nashville Business Journal’s 2018 Most Admired CEOs.
Hankook Tire and Hankook Tire Worldwide announced that they have undergone an organizational restructuring and appointed new executives to enhance their global competitiveness. The changes will take effect on January 1, 2019.
Hankook Tire Worldwide, under CEO Hyunshick Cho, will create an IT Strategy Department to accelerate the company’s digital transformation.
TOKYO (Reuters) – Tokyo prosecutors indicted ousted Nissan Motor (7201.T) chairman Carlos Ghosn for under-reporting his income and also officially charged the automaker, making the firm culpable for the financial misconduct scandal that has shocked the industry. Ghosn was arrested on Nov. 19 on suspicion of conspiring to understate his compensation by about half of the actual 10 billion yen ($88 million) over five years from 2010.
It appears that Michelin and Bridgestone are interested in acquiring the TomTom Telematics business unit from Netherlands-based company TomTom. According to Dutch financial daily Het Financieele Dagblad (FD), Michelin – one of four companies vying to acquire the business – allegedly aims to add the business into its Michelin Solutions portfolio.
The new Rubber Production Commissioner of Rubber Board, India, Sabu P Idicula, who has taken charge recently, is a scientist by profession, and experienced in crop protection and various aspects of plantation management. He has been working as Joint Director (Crop Protection) in the Rubber Research Institute of India (RRII).
A known researcher and administrator, Sabu started his career as Agricultural Officer in Kerala State Agriculture Department. He played a crucial role in developing economic and efficient disease management strategies and in the studies on impact of various diseases on growth and yield in rubber. He had been editor to various journals, books and other publications of RRII and the Rubber Board. He is also the Chairman of Corynespora Task Force formed by the Board for control of Corynespora leaf disease of rubber.
“Rob has been influential in shaping market strategy for the OTR tire business and has played a critical role in delivering key product launches,” said Bridget Neal, President, OTR, U.S. and Canada, BATO. “His proven leadership and deep understanding of our customer base will enable us to deliver integrated products, services and technologies that meet the emerging needs of our customers.”
In her new role, Walsh will lead Firestone Ag sales strategy and execution in North America. She will oversee a portfolio of business that includes agricultural tires, tracks and integrated tire-wheel assemblies in both the OE and replacement tire channels.
London – Tire manufacturers and NGOs are locked in a tug-of-war over the governance structure of the newly formed Global Platform for Sustainable Natural Rubber (GPSNR).
The “independent platform” was formally launched 25 Oct by the World Business Council for Sustainable Development’s (WBCSD) Tire Industry Project (TIP) to drive up the socio-economic and environmental performance of the NR value-chain.
QUINCY, Ill.—An affiliate of Russian Direct Investment Fund, one of three shareholders of Voltyre-Prom, has notified Titan International it is exercising a put option on its share in the Russian tire maker, which could be worth up to $76.2 million.
North West Rubber Ltd. (NWR) and Moose Creek Tire Recycling Inc. (MCTR) a Subsidiary of Animat Inc. are pleased to announce their acquisition of the assets of Nexxsource Recycling (and all related companies). The new company will operate under the name Evolve Recycling Inc. (Evolve), and will also include Trillium MC Inc., MCTR’s tire hauling subsidiary. Evolve is headquartered at 300 Henry Street, Brantford, Ontario.
Evolve is the largest transporter and processor of end-of-life tires in Canada, with operations spanning Manitoba and Ontario. Evolve processes these tires into valuable end-products, helping Ontario Producers comply with the Regulations made under the Resource Recovery and Circular Economy Act, 2016, while satisfying the product demands of their customers.
FINDLAY, Ohio—Cooper Tire & Rubber Co. has appointed Christopher Eperjesy as its chief financial officer.
The firm said he brings three decades of leadership in finance positions of increasing responsibility across a diverse set of public and private companies in the technology, retail and automotive industries.