From Tire Review Staff & Wire Reports
LEAVITTSBURG, OHIO — Long-time Denman Tire Corp. president and CEO Charles Wright has announced plans to retire. Wright, who joined the Leavittsburg, Ohio-based tiremaker in 1993, said he will remain with Denman until a replacement is found.
“It is a difficult decision to leave a great company like Denman Tire Corp. and I would like to thank the management team, all employees and our wonderful customers for a great 12 years,” Wright said. “But I believe the time is right for me to move on and for someone else to take the reins of the organization.”
Sanford Pensler, president of Pensler Capital Corp., the investment firm that owns Denman, praised Wright by saying, “Charlie has done a great job at Denman. We will all miss him, but we look forward to entering into a new era in the long history of Denman Tire Corp.”
Wright, who commuted to Denman’s headquarters weekly from his home near Nashville, Tenn., has been in the tire industry for 43 years. Prior to joining Denman, Wright was general manager of the now closed Pirelli-Armstrong Tire Co. plant in Nashville.
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