Cooper names former DaimlerChrysler executive to its board of directors

Nov. 16, 2007

Cooper Tire & Rubber Co.'s board of directors has named Thomas Capo a director of the company, effective immediately.

Capo serves as chairman of the board for Dollar Thrifty Automotive Group Inc., a $1.7 billion car rental company. He also serves as co-chairman of the board of Microheat Inc., a privately held, tier-one supplier to the automotive industry.

Capo is an advisor on business, financial and investment strategy to various companies and organizations. He previously served on the boards of JLG Industries Inc., a $2.3 billion access equipment producer, and Sonic Automotive Inc., an $8 billion automotive retailer.

From 1998 to 2000, Capo served as senior vice president and treasurer of DaimlerChrysler Corp. Prior to 1998, he held the positions of vice president and treasurer of Chrysler Corp. and vice president and controller of Chrysler Financial Corp.

"Tom Capo's keen financial insights and business acumen, along with his range of corporate and board experience, will further deepen our strength on the Cooper Tire & Rubber Co.," says CEO and President Roy Armes.