Crain News Service report
BIRMINGHAM, England (Jan. 29, 2014) — Dunlop Aircraft Tyres has appointed Stephen Ray its financial director.
He replaces Oliver Burns, who worked at the firm for six years. Before moving to Dunlop, Mr. Ray spent 13 years at LINPAC Group, a producer of plastic packaging for the retail, catering, manufacturing, packing and food sectors.
In his most recent role at LINPAC, Mr. Ray was group chief financial officer of the $1.65 billion turnover business.
Among his successes at that firm were overseeing its transition from a family-owned business to a private equity owned group and, over the last two years, the divestment of four of LINPAC’s five divisions.
Before working there, Mr. Ray held a number of senior financial roles at publicly listed companies including Ferguson International and Elswick. Mr. Ray is a chartered accountant who qualified at Ernst & Young in Birmingham.
“We’re delighted to welcome Stephen at an exciting time for the business,” said Ian Edmondson, chairman of Dunlop Aircraft Tyres. “Dunlop’s commitment to product development and geographic expansion has paid dividends and the company continues to grow in many sectors, including regional airliners and military transport aircraft.”
Based in Birmingham, Dunlop Aircraft Tyres specializes in the supply of aircraft tires and tubes from design thorough to delivery. In its 104-year history, the company said it has achieved “worldwide recognition” and claims to be the only dedicated aircraft tire manufacturer and retreader.
The company’s customers include major international airlines, aircraft constructors, wheel and brake manufacturers and maintenance facilities throughout the world.
This report appeared in European Rubber Journal, a UK-based sister publication of Tire Business.
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%||