The Institute of the Motor Industry (IMI) has appointed two new non-executive directors. Dr Esther Hills, product testing and engineering manager at bp and Rachel Leech, engagement manager, Rail Safety Standards Board have been appointed “to bring a new perspective to the professional body’s services.” IMI states that the appointments come as it “focuses on supporting its members and the wider automotive sector during one of the most challenging periods for a century.”
UK technology company Powerhouse Energy Group has appointed Allan Vlah as a non-executive director with immediate effect. With twenty years’ experience in the investment industry, Vlah (43) is a director in Aviva Investors’ infrastructure group where he started and continues to lead Aviva Investors’ Energy from Waste equity strategy. Powerhouse commercialises hydrogen production from waste plastics, including end of life tyres.
Graybeard Distillery, home to Bedlam Vodka, has announced that Bob Keegan, the former CEO and chairman of Goodyear, has joined its board of directors. According to the distillery, Keegan will partner with Bedlam Vodka both as an investor and board member.
Cooper Tire & Rubber Company named Tracey I. Joubert as a director of the company on 16 November.
Joubert is chief financial officer of Molson Coors Brewing Company, a leading global brewer with iconic global and national brands such as Coors Light, Miller Lite, Carling and Staropramen as well as leading craft beers including Sharp’s Doom Bar, Leinenkugel’s Summer Shandy, and Blue Moon.
Following Nokian Tyre’s Annual General Meeting, on 10 April 2017, the company’s board of directors held an organisational meeting in which Petteri Walldén was elected chairman of the Board and Tapio Kuula was elected deputy chairman of the board.
Titan International reports that its board recently became a Full Board Member of the National Association of Corporate Directors (NACD), a non-profit membership organisation for corporate board members,
Transense Technologies PLC deputy chairman David Kleeman is to retire from the board of the company on 31 December 2014. Kleeman is the former non-executive chairman and stepped down from that role in October 2013 to become deputy chairman. He was replaced as chairman by David Ford. Transense shares fell 14 per cent in response to the news.
The Board of Directors of the European Automobile Manufacturers’ Association (ACEA) has elected Carlos Ghosn, chairman and CEO of Renault, as its new president. Ghosn takes over from Philippe Varin, former chairman of the Board of Management of PSA Peugeot Citroën. This change is effective immediately.
Manny Cicero, president of Alliance Tire Group’s North American operation, will leave the company at the end of this month. Alliance Tire Group says the decision on Cicero’s departure was “mutually agreed upon”, and he will remain through to the end of 2014 as an advisor to the ATG board of directors. A successor has not yet been named.
Finnish tyre manufacturer Nokian Tyres Plc has reorganised its board of directors. Details of the reshuffle were announced on 8 April following Nokian’s Annual General meeting. As a result of the move Petteri Walldén was elected chairman of the board. The board also elected Hille Korhonen, Hannu Penttilä and Petteri Walldén as members of the nomination and remuneration committee.
Former Tesco chief executive Sir Terry Leahy has been appointed to the board of Blackcircles.com. Leahy has been a shareholder in the online tyre business for around six years and his stake in Blackcircles is now said to be 25 per cent. In his new role, Leahy will work with company founder and chief executive Mike Welch and chairman Graeme Bisset to identify and implement new means of financing ongoing growth within the business. One option that Leahy may be closely involved in is an IPO.
The Board of Directors of Titan International has approved a quarterly cash dividend of US$.005 (one half cent) per common share for the first quarter of 2014. The cash dividend is payable 15 April 2014 to stockholders of record on 31, March 2014.
Lanxess shares that Matthias Zachert, named Axel Heitmann’s successor as Board of Management chairman following the latter’s departure from the specialty chemicals firm at the end of February, will resume his career with the company on 1 April. Zachert is currently chief financial officer of Merck KGaA and the functions he will take on at Lanxess are at present being performed by chief financial officer Bernhard Düttmann.
Toyo Tire & Rubber gives word that the chairman of its Board of Directors Kenji Nakakura will relinquish this role on 28 March 2014. The 64-year old will be named an executive emeritus of the company. Nakakura commenced as chairman and representative director on 28 March 2013.