Hercules Tire Names Narciso Munoz Director of Credit
Munoz most recently served as divisional credit manager for Cooper Tire & Rubber Co., where he spent nearly 10 years in progressive roles ranging from international sales to credit and financial risk assessment for its tire operations.
Hercules Tire Expands and Relocates its Chicago TDW Branch
Hercules Tire opened its Chicago TDW branch in 2004 in Melrose Park with four employees and six docks. Since then, TDW Chicago has grown to employ 20 individuals and operates 17 loading docks.
Hercules Tire Now a Distributor for Bridgestone Americas
TDW will begin selling the Bridgestone and Firestone brand light truck and passenger products immediately at its West Coast locations.
Hercules Tire Co. Appoints Bill Trimarco as CEO
Trimarco, an experienced executive with a strong distribution background, replaces Lawrence Seawell who resigned from Hercules recently to pursue other opportunities.
Hercules Tire Names Dave Gawthrop Senior Vice President of Global Supply Chain
Hercules Tire & Rubber Co. has appointed Dave Gawthrop to the position of senior vice president of Global Supply Chain. Gawthrop is responsible for Hercules’ supply chain for its worldwide operations.
Hercules Tire Names Steve Baginski Executive Vice President of Finance and Administration
Hercules Tire & Rubber Co. has appointed Steve Baginski to the position of executive vice president of finance & administration. Baginski is responsible for accounting and finance, human resources, information technology and legal counsel for Hercules. He previously served as senior vice president of brand finance for Columbus, Ohio-based Limited Brands Inc.
Hercules Tire Announces Executive Appointments
Hercules Tire & Rubber Co. made a number of promotions and appointments to its global division ranks. Joe Recchia was promoted to corporate business development officer, a new position. Rob Keller was named president of Hercules International. Neal Valentine joins Hercules International as the senior vice president of sales and marketing. “In the last decade,
From the Inside: Interview with Hercules Tire President and COO Larry Seawell
Hercules Tire & Rubber Co. was formed in 1952 by a group of 21 retreaders looking to work together to bring better pricing and greater impact to their individual businesses. Over the years, Hercules expanded to become one of the top private branders in the U.S., a major player in the retreading industry, a custom rubber processor and a large nationwide tire wholesaler. Times have changed, and after shedding all of its retreading and custom rubber mixing businesses, Hercules’ 33 stockholders decided it was time to sell the rest. Enter New York private equity company FdG Associates, which led a multi-million dollar buyout of the cooperative and set in motion more changes for the venerable company.Long-time president Craig Anderson is headed toward retirement later this year, and former CFO Larry Seawell was installed as president and COO of the “new” Hercules. In his first full interview since taking the reins in May, Seawell outlined Hercules’ future and what the market can expect f
From the Inside: Executive Interview with Craig Anderson, President, Hercules Tire & Rubber Co.
Our latest edition of “Executive Interview” features Craig Anderson, president of Hercules Tire & Rubber Co. While Hercules has grown quietly, preferring to remain out of the spotlight, every year brings line expansions, new products and other enhancements designed to help its members and dealer customers grow their businesses. Even after selling off its core retreading business, Hercules posted its best sales year ever in 2002, and again in 2003, and saw each of its divisions turn a profit in 2003. Craig Anderson, president, sat for an interview with Jim Smith, editor of Tire Review magazine in April. The two discussed how the changes impacted Hercules, the company’s plans in the future, and how he sees the market moving in the near-term.
Hercules Recalls 90,000 Tires
Affected tires could experience tread separation causing a sudden loss in air, increasing the risk of vehicle users to lose control, the tiremaker said.