Findlay, Oh., USA - February 24, 2016, Findlay, Oh., USA - Cooper Tire & Rubber Company announced that Roy V. Armes, chairman, chief executive officer and president, intends to retire from August 31, 2016.
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Prior to joining Cooper, Mr. Armes spent more than three decades at Whirlpool Corporation in leadership positions throughout the business and in multiple geographies.
His career highlights at Whirlpool included positions such as Senior Vice President, Project Management Office; Corporate Vice President and General Director, Whirlpool Mexico; Corporate Vice President, Global Procurement Operations; President/Managing Director, Whirlpool Greater China; Vice President, Manufacturing Technology, Whirlpool Asia (Singapore); and Vice President, Manufacturing & Technology, Refrigeration Products, Whirlpool Europe (Italy).
Mr. Armes serves on the board of directors of The Manitowoc Company and AGCO. He is a former Chairman (2011-2013) of the Rubber Manufacturers Association (RMA).
Mr. Armes earned a bachelors of science degree in mechanical engineering from The University of Toledo in 1975.
The Cooper Board of Directors plans to elect Bradley E. Hughes as President and Chief Executive Officer effective upon Mr. Armes’ retirement.
Mr. Hughes joined Cooper Tire & Rubber Company in November 2009 as Vice President and Chief Financial Officer (CFO).
In July 2014, he was named Senior Vice President & President—International Operations with responsibility for leading all of Cooper’s operations outside of the Americas, including growth plans for Asia and Europe.
Mr. Hughes continued to serve as CFO in addition to his International role until his successor in the CFO role, Ginger Jones, was appointed in December 2014.
He was named to his current position as Senior Vice President & Chief Operating Officer in January 2015. He has responsibility for Cooper's worldwide operations throughout North America, Asia, Europe and Latin America.
Formerly a 23-year employee of Ford Motor Co., in Dearborn, Mich., Mr. Hughes previously worked as Global Product Development Controller for Ford in Dearborn; as Finance Director for Ford's South America Operations in Sao Paulo, Brazil; as Director of European Business Strategy and Implementation, Cologne, Germany; as European Manufacturing Controller, Cologne, Germany; and in other corporate finance and treasury positions.
Prior to joining Ford, he worked for Fruehauf Finance Corp., in Detroit, Mich. ■