Executive Interview with Hoon Chung, President & CEO of DST, Inc.
Our latest edition of “Executive Interview” features Hoon Chung, who was recently named president and CEO of DST, Inc., in Mission Viejo, Calif. Chung has more than 20 years of management experience in supply chain management and technology deployment services. Prior to his role as the Automotive Group senior vice president and general manager at Activant, he was the COO of Adexa, Inc., which delivers intelligent enterprise business planning and performance management solutions that link strategic, tactical and operational aspects in optimizing enterprise-wide supply chain planning and synchronization. Chung recently talked with aftermarketNews.com about his new appointment to lead DST, what he envisions for the company’s future and what he brings from his experience in other industries.
Cooper Tire to Begin Race Tire Production in the U.S.
Cooper Tire & Rubber Co. announced today that it plans to begin production of racing tires at its Athens, Ga., manufacturing facility. The facility currently produces retread materials. The company said it will invest $11 million into the project during the next two years. Conversion to motorsports tires should begin immediately with developmental tire production beginning in early 2005.
Covisint Price Tag: $7 Million
Compuware Corp. paid $7 million to acquire Covisint LLC, the failed online automotive entity in which its owners invested more than $500 million, according to federal documents Compuware filed Wednesday. Compuware also disclosed that it has cut its workforce to fewer than 8,700 employees.
Transportation Secretary Mineta Launches Traffic Safety Partnership with NASCAR
U.S. Transportation Secretary Norman Mineta and NASCAR President Mike Helton have joined forces in launching a new traffic safety alliance with the racing league aimed at saving the lives of everyday drivers on America’s roads. Secretary Mineta made the announcement while in Richmond, Va., appearing as the grand marshall of NASCAR’s running of the Chevy American Revolution 400.
CARQUEST’s Pete Kornafel Talks About His New Book on Inventory Management
Pete Kornafel, vice chairman of CARQUEST, recently wrote and published “Inventory Management and Purchasing — Tales and Techniques from the Automotive Aftermarket,” a practical guide to inventory management for wholesale distributors and stores that supply “hard goods.” Kornafel took some time last week to speak with aftermarketNews.com about the inspiration for his new book.
APC Announces Winners of NASCAR NEXTEL Cup Ticket Drawing
During each of the five A/C seminars that Automotive Cooling Products hosted this year, a pair of tickets to the August 12 NASCAR Nextel Cup race at the Michigan International Speedway were given away. Each winner received a pair of tickets to the race and two nights of lodging.
Kendall Motor Oil Awards Chemicals Business to TCC
Kendall Motor oil, a ConocoPhillips brand, awarded its automotive chemicals business to Texas-based Technical Chemical Co. (TCC). According to Ray Sparling, Kendall Motor oil brand manager, the relationship between TCC and Kendall will offer Kendall more branded product choices and will consolidate the product line across the ConocoPhillips family of brands.
