Madison, Tennessee – Bill Sweatman will end his 16-year tenure as president and CEO of Marangoni Tread North America (MTNA) on 1 May, when he officially retires from the company.
Industry veteran Clif Armstrong, who has more than 35 years of experience in various roles, will succeed Sweatman, the company announced 26 April.
Armstrong has served as vice president, business development for MTNA since September 2017.
He has previously held various executive management roles at Pirelli Tire LLC/TP Commercial Solutions and Continental Tire the America.
MTNA announced in 2017 plans to expand tread rubber capacity at its Madison plant, including capacity for the XP Extreme Performance Ringtread treads for wide-base single truck tires.
According to the initial timeline of the expansion, a new production line is to be operational in the second quarter of this year, producing spliceless Ringtreads up to and including 500mm widths.
Marangoni opened the Madison plant in 2004 and has expanded it a number of times since.