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TITAN INT'L ANNOUNCES KEY PERSONNEL CHANGES
Jan. 7, 2013
Source: Titan International news release
Titan International, Inc. (NYSE: TWI) announces the following personnel promotions and reorganization due to the acquisition of Titan Europe:
Cecilia LaManna will be the CEO of ITM, the Undercarriage group, reporting to Maurice Taylor, Chairman/CEO of Titan International. All of the Titan Europe wheel group will be headed up by Chris Akers who will report to Titan Wheel's president Dave Salen.
The South Africa, Australia, Peru, Chile, Indonesia, Russia and Canada wheel groups will report to the Titan Mining Services group, headed by Paul Hawkins, executive vice president of Titan Mining Services. Gary Chesterton will be Vice President of Finance for all European operations, and he will report directly to Paul Reitz, Chief Financial Officer of Titan International.
Mike Akers will be working with Maurice Taylor and the Titan International Board on various acquisitions.
Titan International believes this new alignment positions Titan Europe not only for future growth, but also for expansion of various market shares. Richard Rose, Vice President of Titan Sales & Marketing, will be reviewing the total sales and market staff during the first quarter to maximize synergies between the organizations.
Titan International, Inc., a holding company, owns subsidiaries that supply wheels, tires and assemblies for off-highway equipment used in agricultural, earthmoving/construction and consumer (including all terrain vehicles) applications. For more information, visit www.titan-intl.com.
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