QUINCY, Ill. (Jan. 28, 2014) — Titan International Inc. has promoted CFO Paul Reitz to president, filling position open since 2005, when Titan Chairman and CEO Maurice Taylor Jr. vacated it.
Mr. Reitz joined Titan as CFO in July 2010, moving to the Quincy-based tire/wheel maker from Carmike Cinemas Inc. He brought more than 15 years' finance/accounting experience to the job, according to Titan, including time with McLeodUSA Publishing and Yellow Book USA Inc.
Titan also hired John Hrudicka to fill the chief financial officer post. Mr. Hrudicka moves to Titan from Elkay Manufacturing Co. in Oak Brook, Ill., where he was CFO. He brings 27 years' experience with various companies to his new job, Titan said, including international assignments in both Hong Kong and Beijing, China.
Mr. Taylor said these moves reflect Titan's drive to build a strong executive team that will support the company's "aggressive growth plan."
Mr. Reitz will focus on manufacturing and marketing, while Mr. Hrudicka will lead the finance department, Mr. Taylor said.
How have tire prices been in the last few months?
|They've gone up 1-5%||
|They've increased 6-10%||
|They've stayed flat||
|They've gone down between 1 and 5%||
|They've gone down 6-10%||
|They've dropped more than 10%||