Monro, Inc. announced Joseph Tomarchio, Jr., the company’s special advisor–acquisitions, retired on May 1, 2023.
Tomarchio, affectionately known as “Mr. Tire” in the industry, held his current position since April 2017. He was directly involved in more than 60 acquisitions in his 19-year tenure with Monro, tripling the size of the company, according to Monro.
“We are grateful for Joe’s long service to Monro,” said Mike Broderick, Monro’s president and CEO. “He has played a key role in our company’s growth, most recently in guiding our successful acquisition activity. We sincerely wish him all the best in retirement as he spends time with his family and enjoys his passion for exotic and muscle cars.”
Prior to joining Monro, Tomarchio was executive vice president and chief operating officer of Mr. Tire, Inc., which he co-founded with his brother, Fred Tomarchio, in 1970. Together, they grew the company from its initial location to 26 Mr. Tire Auto Service Centers. Monro acquired the Mr. Tire brand in 2004, and Joe Tomarchio took the role of divisional vice president – tire stores.
“I have had an incredible journey that I never could have imagined as a young man starting out in the tire business,” said Tomarchio. “I have had the privilege to work with, train, and mentor people from all levels of society in my more than 50-year career in the automotive industry.”