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Cooper Tire (CTB) CFO Announces Retirement

May 28, 2009 7:55 AM EDT
CTB Hot Sheet
Overall Analyst Rating:
    NEUTRAL (Up Up)

Revenue Growth %: +8.6%
COOPER TIRE & RUBBER COMPANY (NYSE: CTB) Vice President and Chief Financial Officer Phil Weaver announced his retirement after 19 years with the Company. Mr. Weaver, age 56, will effectively retire as of the end of the year.

Chairman, President and CEO Roy Armes said, "I want to thank Phil for his years of service and commitment to Cooper Tire. While Phil was the CFO of Cooper, he was responsible for managing the finance function with a high level of integrity and within strict accordance with all federal and SEC regulations and guidelines. His contributions to the Company were key to many of the successes that Cooper has enjoyed."

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