The chief executive of the independent tyre dealer group positioned to carry the Point S flag in the USA has stepped down. US trade publication Tire Review reports that John Kreidel left Tire Factory due to “strategy differences”. Chief financial officer Walter Lybeck will stand in as interim CEO until the now vacant position can be filled, and Kreidel has agreed to assist Lybeck as needed for the coming three months.
Point S International recently announced the signing of an agreement with US tyre dealer network Tire Factory and plans to rebrand the 157 member network using the Point S corporate identity. Tire Factory CEO John Kreidel states that the rebranding of the more than 200 Tire Factory outlets begins early this month and will be gradually rolled out over a period of one and a half years. Kreidel also reassured Tire Factory customers that they’d “see more things staying the same than changing” at the newly-rebranded centres.