Wholesale Distribution

Former Ford CEO Mark Fields Has Joined ATD's Board of Directors

Posted on February 2, 2018

American Tire Distributors Inc. (ATD) has named former Ford Motor Co. CEO Mark Fields to its board of directors.

Fields recently joined TPG Capital, a private equity firm and ATD shareholder, to focus on TPG’s industrial practice. ATD says Fields’ forward-thinking approach to supply chain operations and deep expertise in the automotive industry aligns with the company’s growth strategy.

“We are honored to welcome Mark to our board,” says Stuart Schuette, ATD’s CEO and president. “Mark’s automotive experience combined with his passion for optimizing growth-oriented, technology-enabled businesses will be a catalyst to our go-forward business strategy.”

ATD says Fields joins the board during a transformational time for the company. In 2017, ATD began implement key changes to the organization, including the functionalization of the sales and supply chain teams, piloted new capabilities and value-added services, innovated with new technology, and expanded their hub-and-spoke network to optimize inventory management.

Fields says he is excited about ATD’s business strategy. “They are well positioned to drive innovation, change and support to their customers allowing them to lead in the market and stay competitive as the industry and consumer behaviors continue to evolve.”

Fields is a Harvard Business School graduate with 28 years of service at Ford. He managed many of Ford’s turnarounds and organization restructuring, including the company’s North American operations. During his tenure as CEO, Ford delivered record profits in both 2015 and 2016.

Headquartered in Huntersville, N.C., ATD operates more than 140 distribution centers, serving about 70,000 customers in the North American market. ATD and its affiliates employ more than 5,000 people across the U.S. and Canada.

Related Topics: American Tire Distributors Inc., ATD, board of directors, Mark Fields

Comments ( 0 )
More Stories
Yokohama will meet with tire dealers across the country during the 2018 ride and drive training program.
News Yokohama Takes Dealer Training on the Road

Yokohama Tire Corp. is once again taking its dealer training program on the road. The 2018 experiential Ride and Drive Dealer Training Program kicks off with a multi-city tour May 22 in Anaheim, Calif.

Article Wholesale Changes: Did Goodyear and Bridgestone Shake Up the Industry?

The joining of Goodyear Tire & Rubber Co. and Bridgestone Americas Inc. in the form of TireHub LLC is a potentially momentous move with far-reaching consequences. It also might be much ado about nothing.

Hercules says the Terra Trac CH4 is designed to endure the high torque and heavy loads critical to commercial applications.
Product Hercules Adds CH4 to Terra Trac Line

The new Terra Trac CH4 from Hercules Tire & Rubber Co. is an all-season commercial highway tire for cargo vans and light trucks.

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!