News

ATD Earns HR Recognition

American Tire Distributors Inc. has been named a recipient of Charlotte Business Journal's 2019 Best in Human Resources Awards.

News

ATD Realigns Senior Leadership Team

In a move American Tire Distributors Inc. (ATD) says reflects its evolution to date and accelerates the company’s ongoing transformation to becoming "the most connected and insightful automotive solutions provider in the industry," the company has realigned its senior leadership team.

News

ATD Wins Blue Diamond Technology Awards

American Tire Distributors Inc. (ATD) has won three Blue Diamond Awards from the Charlotte Area Technology Collaborative (CATC). The awards recognize ATD’s efforts in creating business value in the deployment and use of information technology systems and making major contributions to the development and recruitment of IT talent to the Charlotte area.

News

Bankruptcy Court Signs Off on ATD's Reorganization Plan

The United States Bankruptcy Court for the District of Delaware has confirmed American Tire Distributors Inc.'s Plan of Reorganization. The company expects to complete its recapitalization and successfully emerge from Chapter 11 by the end of the year.

News

ATD Update: 'We Have Been Working With Our Suppliers as Normal'

In order to keep his customers in the loop during American Tire Distributors Inc.’s reorganization, CEO and President Stuart Schuette emailed out a quick update on the company’s recent business developments. They include clearing up some confusion about how some of its suppliers have reacted to the company’s Chapter 11 Reorganization bankruptcy filing.

News

ATD’s Lenders Support the Chapter 11 Reorganization Plan

American Tire Distributors Inc. (ATD) has reached an agreement in principle with holders of a majority of its term loans to support a restructuring plan that will reduce its debt by approximately $1.1 billion and increase financial flexibility.

News

ATD’s Top 30 Creditors

Court filings show the 30 companies that American Tire Distributors Inc. (ATD) owes the most money. Not surprisingly, tire companies make up more than half of the list.

In a letter to associates, Shuette said ATD is "open for business and taking care of our customers and supporting them across all channels, and the consumers they serve."
News

Answers to 31 FAQs About ATD's Chapter 11 Filing

In the wee hours of Thursday, Oct. 4, 2018, American Tire Distributors Inc. (ATD) announced it was reorganizing under U.S. Bankruptcy Code protection. In a letter to employees the CEO answered the all-important question: "Is ATD going out of business?"

ATD, the largest tire distributor in the U.S., has voluntarily filed for reorganization under Chapter 11.
News

ATD Voluntarily Files for Chapter 11 Reorganization

American Tire Distributors Inc. (ATD) has entered into a definitive agreement with a majority of its bondholders on the terms of a recapitalization. To implement the agreement, the company voluntarily filed for reorganization under Chapter 11.

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