Amerityre appoints new CEO
Amerityre Corp. has named Michael Sullivan who has been chief operating officer of the company since 1 December 2014 as CEO. The appointment took effect on 1 April 2015. In February, Amerityre, which makes industrial tyre products and polyurethane tyre technologies, reported that it cut its net loss by one-third in the quarter ended 31 December to $128,465 on sales of $1.35 million. This announcement marked the firm’s 78th consecutive quarterly loss.
Michael Sullivan brings with him three decades of Operations Management and Engineering Management in a variety of manufacturing and service industries. His career started at Johnson Matthey in 1987, where during his tenure he completed a five-year expatriate assignment in Belgium designing, constructing and managing Europe’s largest autocatalyst facility, as well as serving as Production Manager for the company’s Wayne, PA facility. He has also served as Director of Manufacturing for General Chemical’s Electronic Materials division, as Director of Operations for Life Measurement, Inc., a medical device manufacturer, as Director of Operations for Pinole Point Steel, a division of Material Sciences Corporation, as Chief Operating Officer at Professional Finishing, Inc., a privately held coating company, and was a Principal at Versa Engineering and Technology, a privately held engineering consulting firm.
Amerityre’s website reports that Sullivan has extensive quality management experience and is an IRCA certified auditor. He was a lecturer at UC Berkeley Extension in the subject areas of Strategic Marketing and Entrepreneurship. He holds a BSE in Chemical Engineering from the University of Pennsylvania and an MBA in Finance and Marketing from the Haas School of Business at UC Berkeley.
Sullivan replaces Timothy Ryan, who resigned as CEO on 1 April but remains chairman of Amerityre’s board of directors.