Hercules appoints Trimarco as new CEO

ERJ staff report (RD)

Findlay, Ohio - Hercules Tire Co. has appointed William Trimarco as its new ceo, effective 3 March, the company said recently. Trimarco replaces former ceo Lawrence Seawell who resigned to pursue other opportunities.

“We are thrilled to have Bill Trimarco as the new ceo of Hercules,” said Howard Romanow, managing director of FdG Associates and member of the Hercules Board of Directors. “We have known Bill for ten years and have long respected his operational and leadership skills. We think his experience with complex, value-added distribution, international sales and foreign sourcing makes Bill a great fit to lead Hercules, and we look forward to working with him to help execute the company's business plan.”

Trimarco previously spent 27 years working for Larson-Juhl, a Berkshire-Hathaway company, prior to his appointment at Hercules.

“Hercules is a leader in replacement tire marketing and distribution, with a particular strength in private label tires. I look forward to working with the outstanding team we have in place to continue executing on the company's business plan,” Trimarco said. “Despite today's challenging economic environment, I believe there are exciting opportunities that Hercules can take advantage of, and we are pleased to have the support of FdG Associates as we move forward.”

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Press release from Hercules Tire Co.