Bridgestone exec elected USTMA chair through 2023

WASHINGTON — The U.S. Tire Manufacturers Association (USTMA) has elected Paolo Ferrari, president and CEO of Bridgestone Americas, as chairman of its board of directors for a two-year term starting Oct. 7.

He succeeds Stephen McClellan, president of Goodyear Tire, who has been the USTMA chair since 2018.

"Paolo's election as board chair reflects his commitment to ensuring thought leadership, innovation and the sustainable growth of the U.S. tire manufacturing industry," Anne Forristall Luke, USTMA president and CEO, said.

"Paolo's global perspective and experience at the helm of one of the world's largest tire companies will help us capitalize on unprecedented opportunities to transform the industry while navigating the challenges of a post-COVID economic recovery and addressing environmental impacts of our products."

Ms. Luke thanked Mr. McClellan for his extended service as board chair. His leadership "advanced USTMA's laser focus on the tire manufacturing industry as new U.S. manufacturers joined its ranks," she said, while also shepherding the industry through a changing administration and Congress and a global pandemic.

Mr. Ferrari has been president and CEO of Bridgestone Americas since 2020; prior to that, he was CEO and president of Bridgestone Europe, Middle East, India and Africa (EMIA). Before joining Bridgestone, Ferrari was CEO of Pirelli North America and Latin America.

"It is an honor to take on this leadership role at a pivotal time for the tire industry," Mr. Ferrari said.

"Mobility is evolving and our industry is undergoing a digital transformation, making USTMA's role more critical than ever. I am excited to work alongside my peers and leaders in the industry to advance sustainable transportation and double down on environmental stewardship efforts."