BEND, Ore. — Dick Borgman, CEO of Les Schwab Tire Centers Inc. since 2007, plans to retire June 30, concluding a 28-year career with the company, the nation's sixth largest independent tire dealership.
The company has named Jack Cuniff, the dealership's chief financial officer since 2008, to succeed Mr. Borgman, effective July 1.
Mr. Borgman, 63, joined Les Schwab Tire in 1990 as general counsel and quickly moved up the executive management ranks, building programs and infrastructure to keep up with the company's rapid growth and changing business environment.
"Dick has brought a tremendous degree of professionalism, commitment and discipline to the Les Schwab organization," Stan Renecker, a member of the company's board of directors since 1990, said.
"Dick's thoughtful, forward-thinking leadership has always focused on keeping the company true to the principles our founder Les (Schwab) cared most about — taking excellent care of our customers, ensuring our employees have the opportunity for rewarding careers, and keeping the company a vibrant and successful business for Les' family to own for generations to come."
His tenure at Les Schwab coincided with the implementation of information systems to manage inventory, logistics, store operations, marketing and sales, along with the recent adoption of digital technologies to enhance customer experience, the company said.
"It has been my distinct pleasure to work for this wonderful company for most of my professional career, and serve as its CEO during an exciting period of growth and development over the past 11 years," Mr. Borgman said.
"The future of the company and its thousands of employees has never been brighter, and I am confident it will continue to thrive as a unique, family-owned, employee- and customer-centric enterprise for many years into the future."