Yokohama's MacMaster will retire in June

April 7, 2010

Jim MacMaster, executive vice president and chief operating officer of Yokohama Tire Corp. (YTC), will retire on June 30. His successor has not yet been named.

MacMaster began his career in the tire industry 39 years ago and joined Yokohama in January 1981.During his tenure at Yokohama, the company, which is the U.S. subsidiary of Yokohama Rubber Co. Ltd., has grown from annual sales of $30 million to nearly $1 billion.

"When I look back, my proudest achievement at Yokohama was the acquisition and expansion of our Salem, Va., facility in 1989," he says. The Salem plant produces most of the passenger tires that Yokohama sells in the U.S.

"The flexible architecture of the plant lets us build an array of types and sizes of tires, which adds to Yokohama Tire Corp.'s competitiveness in the North American marketplace."

"Jim has held nearly every leadership position at YTC, where he has been the foundation and face of our company," says YTC CEO and President Takao Oishi. "We all will deeply miss his keen insights and industry knowledge.

"On behalf of everybody at YTC and Yokohama Rubber Co., we are proud to have been associated with Jim and honored that he chose to be part of the Yokohama family for so many years."