Bridgestone CEO Paolo Ferrari Named Chair of USTMA
The U.S. Tire Manufacturers Association (USTMA) announced the election of Paolo Ferrari as chairman. It is a two-year term for Ferrari, president and CEO, Bridgestone Americas Inc.
Ferrari succeeds Stephen R. McClellan, president, Goodyear Tire & Rubber Co.’s Americas business unit.
“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,” says 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.”
Ferrari became president and CEO of Bridgestone Americas in 2020, and before that, he served as CEO and president of Bridgestone Europe, Middle East, India and Africa.
“It is an honor to take on this leadership role at a pivotal time for the tire industry,” Ferrari says. “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 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.