By Kathy McCarron, Tire Business staff
PORTLAND, Ore. (Aug. 21, 2015) — Tire Factory Inc. has “parted ways” with its CEO of five years, John Kreidel, over differences in strategy for transitioning the cooperative's 200 members to the Point S branded network.
“The only difference between the board and John was a style difference on how to accomplish those goals,” Walter Lybeck, Tire Factory's CFO and now interim CEO, told Tire Business.
“John has accomplished a lot in the last five years and has set us up well. But he felt fairly strongly we needed to go in a certain direction to achieve those and they (the board) felt a slightly different approach and, so they worked on it for a long time and finally they decided that there was a difference and decided to separate.