FINDLAY, Ohio (May 28, 2009) — Phil Weaver, Cooper Tire & Rubber Co. vice president and CFO, will retire at yar-end.
Mr. Weaver, 56, has been with Findlay-based Cooper for 19 years. Since joining in 1990, he held positions as controller and vice president of the company's tire division before being appointed to CFO in 1999.
Cooper said it anticipates naming Mr. Weaver's successor by the end of 2009 and is conducting a search for both internal and external candidates. He will continue in his CFO capacity and serve on the company's executive committee until a successor is chosen and a plan to ensure a smooth transition is in effect, according to the company.