Akron, Ohio – The Goodyear Tire & Rubber Co. has appointed Ryan Patterson as senior vice chairman of enterprise integration to guide the mixing of Cooper Tire, following the proposed $ 2.5 billion deal. {dollars} (2.1 billion euros) in February.

Nathaniel Madarang, Managing Director of Goodyear China, will succeed Patterson as President of Goodyear Asia Pacific with quick impact, Goodyear introduced on March 4.

“As considered one of Goodyear’s most senior executives, Ryan Patterson has the depth and expertise to guide the mixing of our acquisition of Cooper Tire,” stated Richard Kramer, President, CEO and President .

Patterson, he continued, is a “market chief with a broad world outlook” who can maximize advantages for shareholders, clients, customers and associates.

In his earlier roles, Patterson has held management positions in Asia, North America and Latin America, is “deeply acquainted” with Goodyear clients, Kramer added.

Previous to his place in Asia-Pacific, Patterson was President of Goodyear’s shopper enterprise in North America, the place he developed the corporate’s shopper technique and deal with high-value segments.

He led the creation and implementation of the corporate’s “aligned distribution mannequin” in North America and launched goodyear.com to drive e-commerce gross sales for distributors and sellers.

He joined Goodyear in 2002 and holds an MBA from Harvard Enterprise Faculty.

Madarang, who will lead the Asia-Pacific enterprise, has been with Goodyear since 2008.

Previous to his position as Managing Director of Goodyear China, he was Vice President of Finance for Asia Pacific operations at Goodyear, and previous to that, Vice President of Shopper Operations in China and CFO of Goodyear China.

“[Madarang] is a customer-focused chief with in-depth data of the Asia-Pacific area and the tire business, ”stated Kramer.

In accordance with the CEO of Goodyear, Madarang was “instrumental” in overhauling Goodyear’s distribution mannequin in China and in designing and launching Goodyear’s direct retail enterprise mannequin.

“The Chinese language market stays a precedence for Goodyear, and Nat [Madarang] is extraordinarily properly positioned to drive development there and throughout the area, ”he concluded.

Goodyear introduced the deliberate acquisition of Cooper Tire & Rubber Co. on February 23 and expects to shut the transaction within the second half of the 12 months.

In accordance with Goodyear, the merger will create a tire producer with gross sales of $ 17.5 billion “with an elevated presence in distribution and retail channels, whereas combining … the strengths of extremely worthwhile segments gentle vans and SUVs.



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