The brothers who founded online tire seller Simple Tire LLC are both leaving behind their executive leadership roles with the company in 2022 to co-lead other businesses. For CEO Andy Chalofsky that will include partnering with Dealer Tire in a start-up venture.
Joe Jordan, who worked for Toyo Tire U.S.A. Corp and Yokohama Tire Corp. before opening his own dealership, The Wheel Store, has died. He was 55 years old.
Dealer Tire LLC has announced that it intends to offer $150 million in aggregate principal amount of senior notes, due 2028, in a private offering, subject to market and other conditions.