FINDLAY, Ohio (April 25, 2011) – Hercules Tire & Rubber Co. has appointed Jeff Marshall chief financial officer, replacing Vic Siewert, who has been named senior vice president of planning and administration.
Mr. Marshall brings nearly 20 years of experience in finance, operations, sales and marketing, with an emphasis on operating businesses in a private equity environment, Hercules said. He most recently served as executive vice president, CFO and treasurer of Transtar Holding Co., a leading distributor of aftermarket automotive parts and supplies. He also previously worked for Chrysler Group, PricewaterhouseCoopers L.L.P. and ACS Group.
In his new position, Mr. Siewert will oversee business development, legal and trademarks, insurance programs and human resources. He has been with Hercules for over 21 years, serving in capacities such as accounting manager, controller and vice president of finance.
“We continually evaluate the most effective and efficient ways to operate,” said Bill Trimarco, Hercules president and CEO. “These two individuals are outstanding at what they do. I couldn't be more pleased to have them on our team and in roles that will further enable us to provide exceptional value.”