Wholesale Distribution

Federal Corp. announces management changes

Posted on June 20, 2014
Federal Corp. says its new chairman Shu Jam Ma is the youngest chairman among worldwide listed tire companies.

Federal Corp. says its new chairman Shu Jam Ma is the youngest chairman among worldwide listed tire companies.

Federal Corp. announced that following its latest annual shareholder conference and board meeting June 12, 2014, the company appointed Shao Jin Ma as chairman of the Federal Group and Shu Jam Ma as chairman and general manager of Federal Corp.

Federal Corp. was established in 1954 as the first registered tire company in Taiwan. During this era, Federal Corp. entered into a 20-year technical cooperation with Bridgestone Corp. It commenced exporting business in the 1960s. The era laid the foundation to a remarkable path of success.

Shao Jin Ma entered Federal Corp. in 1967. The tire manufacturer says it successfully launched a whitewall tire in the 1970s and became one of the first to produce radial passenger tires in China in the late 1970s.

It commenced a 20-year technical cooperation with Sumitomo-Dunlop, and in 1987 it created the Federal brand. In 1997, Federal Corp. established its second factory in China.

Shu Jam Ma joined Federal Corp. in 1998 and was appointed CEO in 2004, when he was the youngest CEO in the tire industry, notes Federal.

He was dedicated to the development of the SS595 and 595RS-R tires, which Federal Corp. says made it the leader in motorsports products among Taiwan’s tire manufacturers. Federal Corp.’s slogan for its 60th anniversary is “It’s Just the Beginning.”

The 60-year effort of Federal Corp. has created a highly experienced management team. Its multilingual team focus on TQC (total quality control) as well as prompt service to all parts of the world.

Related Topics: Federal 595RS-R, Federal Corp., Federal SS595, Shao Jin Ma, Shu Jam Ma

Comments ( 0 )
More Stories
Article

You’ve Got Email: It’s Still the Way to Go to Market, Digitally Speaking

Remember email? Sometimes in the communication that is texting, tweeting or ‘Snapchatting,’ email is taken for granted. Facebook is great for sharing your thoughts and feelings to everyone you have friended, but email is more targeted, especially when used for business. You might say it is even more personal than Facebook because it is designed for interaction between two people or among a small group of people.

Kenda newcomer Chris Tolbert will help expand the Traction Dealer Network.
News

Chris Tolbert Joins Kenda USA

Tire industry veteran Chris Tolbert has joined Kenda USA's North American Automotive Business team as director of business development. His assignment: help accelerate Kenda’s sales and brand awareness in the PCR and LTR segments.

News

Hankook Suffers Sales Slowdown in 2Q 2017

Hankook Tire Co. Ltd. posted income before taxes of 3.1 trillion won on net sales of nearly 17.3 trillion won for the second period ended June 30, 2017. That compares to income of 2 trillion won on sales of 16.4 trillion won for the same period in fiscal 2016.

Bridget Neal will lead all aspects of the Bridgestone OTR tire business in North America.
News

Bridgestone Names Bridget Neal to Lead OTR Business

Bridgestone Americas Inc. has named Bridget Neal president of its commercial off-the-road tire division. She will be responsible for leading strategic planning, sales, engineering and global support for the company’s OTR business.

News

Toyo’s 1H Earnings Are Up More Than 400%

Toyo Tire & Rubber Co. Ltd. posted net income of 11.1 billion yen on net sales of 192 billion yen for the first half ended June 30, 2017. That compares to income of 2.1 billion yen on sales of 186.4 billion yen in the year-ago half.

Be the First to Know

Get the latest news and most popular articles from MTD delivered straight to your inbox. Stay on top of the tire industry and don't miss a thing!