Vaculug has promoted Kelly Stevens to the role of head of fleet operations. Stevens has been a key member of the Vaculug team for nearly four years following a combined total of 15 years at Tructyre and ATS Euromaster.
Toyo Tires dissolving Europe Project Development Department, appoints Murase GM of EMEA Sales
Toyo Tire Corporation has announced changes related to its business within Europe. Effective 1 February, the company is “constructively” dissolving its International Production Division’s Europe Project Development Department. Meanwhile, Takanori Murase will become the new General Manager of Toyo Tire Corporation’s Europe, Sales Department and Sales Division for the Africa & Middle East region, effective 1 April 2024.
Departures & arrivals – changes to Borbet’s management team
Three managing directors are parting ways with wheel manufacturer Borbet, and not all are going voluntarily. One is Oliver J. Schneider, who as managing director of Borbet Vertriebs GmbH is in charge of aftermarket business. He is leaving at his own request, and Borbet has yet to name his successor. Two other members of the Borbet GmbH management team also ended their tenures with the company in the past week.
Dean Dyoss promoted to sales director at Kumho Tyre UK
Kumho Tyre UK promoted Dean Dyoss to the role of sales director effective 1 January 2024. Dyoss has more than 30 years of experience in the tyre industry in various sales positions with the likes of Bridgestone and Nankang as well as with Point S and Kwik Fit on the retail side. However, he has spent the last eight years with Kumho where he has been key account manager. As a result of his promotion, Dyoss will take responsibility for the Kumho consumer products sales team including business development and key accounts.
Cho heading Hankook’s PC/LT sales in North America
Hankook Tire America Corp. has announced two changes to its management team. Kyuwang (Ken) Cho is the business’s new Vice President of U.S. PC/LT Sales, with overall responsibility for the market. K.C. Jensen takes on the role of Vice President of PC/LT Sales, focusing on Hankook Tire America’s West region as well as other strategic initiatives.
Key personnel changes in the Chinese tyre industry
In 2023, China’s tyre industry experienced a number of significant changes among key personnel. Tyrepress China observes that the operations of foreign brands in China are relatively stable, with only Bridgestone China’s leaders having changed. However, several Chinese state-owned enterprises and listed companies have undergone significant personnel changes this year.
In addition to the news that Goodyears new CEO has been offered a $20 million-dollar year one package, effective 1 January 2024, The Goodyear Tire & Rubber Company’s board of directors compensation committee granted a “cash retention award” to Christina L. Zamarro, the firm’s executive vice president and chief financial officer.
Hever-Smith to become Yokohama HPT managing director
Yokohama HPT Ltd chief financial officer, Marisa Hever-Smith has been promoted into the role of managing director effective 1 April 2024. Hever-Smith has been with Yokohama since September 2022 and was finance director at Prometeon Tyre Group before that.
New Goodyear CEO Stewart gets ~$20 million year-one package
Following the news that Mark Stewart has been appointed as Goodyear’s new global chief executive, further details of his remuneration have emerged. He’s getting paid a double-digit-million-dollar package in year one.
Rich Kramer isn’t the only member of The Goodyear Tire & Rubber management team who will retire in 2024. Both Darren Wells and Stephen McClellan plan to end their service with the tyre maker within the coming quarter of a year.
Goodyear: Mark Stewart succeeds Rich Kramer as CEO
The Goodyear Tire & Rubber Company has named Mark Stewart as chief executive officer and president, effective 29 January 2024. He succeeds Richard J. Kramer, who announced his retirement from Goodyear towards the end of 2023. In addition, also as of 29 January, Laurette T. Koellner, independent lead director of Goodyear’s board since 2019, will become non-executive board chair, and Stewart will be added to the Goodyear board as a director.
Repairify appoints aftermarket specialist Malbran to drive European business development
Repairify has appointed experienced aftermarket specialist Santiago Malbran as business development director. Malbran is tasked with driving forward the company’s expansion across Europe. Repairify’s statement says he will support its objective of maximising advanced vehicle diagnostic and calibration technology growth opportunities. He will be responsible for developing new market opportunities and identifying new revenue streams across Europe, where Repairify will introduce its technology.
Ralf Benack, formerly Vice President Fleet Solutions EMEA at Continental, is now Managing Director of the KraussMaffei Extrusion EMEA business. He began in this role on 1 January 2024 and is responsible for the EMEA region business as well as the development of extrusion technology worldwide.
The Supervisory Board of the KraussMaffei Group has reorganised the company’s management. Chi Zhang, formerly Chairman of the Supervisory Board, is now Chief Executive Officer, effective 10 January 2024. He succeeds Yong Li, who takes on the newly created position of Chief Administrative Officer. Supervisory Board leadership now becomes the remit of Shihao Yang, who joins KraussMaffei from the top management of main shareholder Sinochem.