Ludwig leaves KeyBanc for new challenge

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Tire industry analyst Saul Ludwig is changing jobs but not positions. After a long career at KeyBanc Capital Markets, he has joined Northcoast Research Holdings LLC. Both companies are based in Cleveland, Ohio.

Ludwig, a managing director at KeyBanc, will hold the same title at Northcoast Research (, an independent institutional equity research and trading firm, beginning Monday, April 26, 2010.

“I have worked nearly 15 wonderful years at KeyBanc, but in the final leg of my professional career, I am joining a new firm -- started less than one year ago -- to follow companies, groom younger analysts and be a general advisor to the team,” he says.

Ludwig has been writing for Modern Tire Dealer since April 1975. He will continue to contribute his monthly “Ludwig Report” to the magazine.

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