U.S. TIRE MANUFACTURERS ASSOCIATION NAMES BRIDGESTONE’S PAOLO FERRARI AS BOARD CHAIR
The U.S. Tire Manufacturers Association (USTMA) announced today the election of Paolo Ferrari as chairman of the Board of Directors, for a two-year term starting October 7, 2021. Ferrari is President and CEO of Bridgestone Americas.
Ferrari succeeds Stephen R. McClellan, president of The Goodyear Tire & Rubber Company’s Americas business unit, who served as USTMA’s Board Chair since 2018. Ferrari was elected during a formal vote at the association’s first board meeting of its 2022 fiscal year on October 6.
“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,” said Anne Forristall Luke, USTMA president and CEO. “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.”
Luke continued, “I’m also deeply grateful to Stephen R. McClellan, president of The Goodyear Tire & Rubber Company’s Americas business unit, for his extended service as our board chair. His leadership advanced USTMA’s laser focus on the tire manufacturing industry as new U.S. manufacturers joined its ranks. He also helped shepherd our industry through a changing administration and Congress and a global pandemic, while advancing important industry and business priorities that enable our return to pre-pandemic manufacturing levels supporting jobs and communities across the country.”
Ferrari became president and CEO of Bridgestone Americas in 2020, and prior to that, he served as CEO and president of Bridgestone Europe, Middle East, India and Africa (EMIA). Before joining Bridgestone, Ferrari was the CEO of Pirelli North America and Latam.
“It is an honor to take on this leadership role at a pivotal time for the tire industry,” said Ferrari. “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.”
USTMA members are committed to reducing greenhouse gas (GHG) emissions throughout a tire’s life cycle in many ways, including improved rolling efficiency of new tires, increased re-use and recycling of scrap tires, and even lowering carbon output in the manufacturing process.
About Bridgestone Americas, Inc.
Bridgestone Americas, Inc. is the U.S.-based subsidiary of Bridgestone Corporation, a global leader in tires and rubber, building on its expertise to provide solutions for safe and sustainable mobility. Headquartered in Nashville, Tenn., Bridgestone Americas employs more than 50,000 people across its worldwide operations. Bridgestone offers a diverse product portfolio of premium tires and advanced solutions backed by innovative technologies, improving the way people around the world move, live, work and play.
About the U.S. Tire Manufacturers Association
The U.S. Tire Manufacturers Association is the national trade association for tire manufacturers that produce tires in the U.S. The association’s 12 member companies operate 57 tire-related manufacturing facilities in 17 states and generate more than $27 billion in annual sales. The industry directly supports more than a quarter million U.S. jobs – totaling almost $20 billion in wages. USTMA advances a sustainable tire manufacturing industry through thought leadership and a commitment to science‐based public policy advocacy. The association’s member company tires make mobility possible. USTMA members are committed to continuous improvement of the performance of their products, workers and consumer safety and environmental stewardship. For more information, visit www.USTires.org and follow USTMA on Twitter @USTires.