Goodyear’s Gingo Retires, Takes Post With Schulman
Joe Gingo, Goodyear’s chief technical officer and the man who helped engineer the tiremaker’s new headquarters deal, is leaving the company to become president and CEO of Akron plastics maker A. Schulman Inc. Gingo, 62, is actually taking retirement from Goodyear after a 41-year career there, most recently as executive vice president of quality systems and chief technical officer, to assume the post with Schulman, the company Gingo’s father once worked for. He has been a member of Schulman’s board since 2000. Replacing Gingo at Goodyear will be Jean-Claude Kihn, who will take over as senior vice president and chief technical officer, effective Jan. 1, 2008. Kihn, 48, is currently general director of Goodyear’s Technical Center in Akron.
Aftermarket Auto Parts Alliance Appoints Vice President of Information Technology
Aftermarket Auto Parts Alliance has announced the creation of a new position — vice president of information technology. A major role for this new senior management team member will be to lead strategic initiatives that will position the Alliance as an industry leader in technology. Responsibilities will also include interaction with Alliance members and technology vendors to foster long-term relationships that will take the Alliance to the next level. Effective Nov. 1, Dale Hopkins has been appointed to lead the Alliance’s technology initiatives.
Timken Names Business Leaders for New Bearings and Power Transmission Group
Timken Co. has announced five leaders of the businesses within its new Bearings and Power Transmission Group. The company has appointed Michael Connors as president of process industries, J. Ron Menning as president of aerospace and defense, and Daniel Muller as president of distribution and services. In mobile industries, the company named Peter Sproson as vice president of commercial transportation systems and Kenneth Hopkins as vice president of light vehicle systems.
Hayes Lemmerz Names James Yost Executive Vice President
Hayes Lemmerz International, Inc. has announced that James Yost has been promoted to the new position of executive vice president and chief financial officer. He previously served the company as vice president, finance and chief financial officer. Yost is responsible for the global finance and information technology functions. He will continue to report to Curtis Clawson, president, CEO and chairman of the board.
DTF’s Shaeffer to Present at Annual Diesel Convention
RESEARCH TRIANGLE PARK, NC – Allen Schaeffer, executive director of The Diesel Technology Forum (DTF), will present “Hot Topics on Clean Diesel” at the 2007 International Convention & Tradeshow for the Association of Diesel Specialists (ADS) on Thursday, July 12. The Convention & Tradeshow begins Wednesday, July 11, and runs through Sunday, July 15, at
Slime-Maker Gets an Equity Partner
From San Luis Obispo Tribune Grover Beach, CA’s Accessories Marketing Inc. (AMI), manufacturer of Slime tire sealant and tire care products, has sold a portion of the company to Friend Skoler & Co. Inc., a New Jersey private equity firm. The new partnership gives AMI additional financial capital to expand and an opportunity to cross-sell
ThyssenKrupp Budd Completes Sale of its North American Body and Chassis Operations
TROY, MI — ThyssenKrupp Budd has completed the sale of its North American automotive body and chassis operations to Martinrea International of Vaughan, Ontario, Canada. Martinrea, a Tier 1 automotive supplier, produces metal parts, assemblies, modules and fluid management systems. The transaction was announced October 16. The purchase price was $275 million, including $95 million
ThyssenKrupp Budd Sells North American Automotive Body and Chassis Operations
ThyssenKrupp Budd has agreed, in principle, to sell its North American automotive body and chassis operations to Martinrea International, Inc., of Vaughan, Ontario, Canada. Martinrea, a Tier 1 automotive supplier, produces metal parts, assemblies and modules and fluid management systems. The business was sold for approximately $275 million, which consists of $95 million in cash and the remainder in assumed liabilities. Annual sales from the sold operations are approximately $1.25 billion.
Goodyear Promotes Two in Technical Group
Goodyear Tire & Rubber Co. promoted William Hopkins and Joseph Zekoski to new positions in its technical group. Hopkins, formerly vice president global product marketing and technology planning, was named to the newly created position of vice president of technology and strategic initiatives. Zekoski was named general director of Goodyear’s Luxembourg Technical Center, replacing Jean Bergh who retired after 37 years with the tiremaker.
Timken Appoints Director of Automotive Strategy Development
The Timken Co. announced that Kenneth Hopkins has joined the company as director of automotive strategy development. He will report to Jacqueline Dedo, president – Automotive, and will have responsibility for developing the long-term strategy for the company’s global Automotive Group, which had 2003 net sales of $1.4 billion.