Titan International Board Member Resigns
- Board Member Change: Titan International announces that Kim Marvin has resigned from the Board of Directors after approximately 24 months of service due to time constraints and other professional commitments, indicating stability in executive turnover for the company.
- Acknowledgment of Contributions: CEO Paul Reitz expressed gratitude for Kim's contributions over the past two years, highlighting the operational continuity provided post-Carlstar acquisition and the value of his engineering and financial expertise, reflecting the company's emphasis on talent.
- No Replacement Planned: Titan International currently has no intention of replacing this board seat, suggesting a preference for maintaining the existing governance structure and operational stability at this stage.
- Company Background: Titan International is a leading global manufacturer of off-highway wheels and tires, headquartered in West Chicago, Illinois, focusing on meeting OEM and aftermarket customer needs in the agricultural, earthmoving, and consumer markets, underscoring its significant position in the industry.
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- Board Member Change: Titan International announces that Kim Marvin has resigned from the Board of Directors after approximately 24 months of service due to time constraints and other professional commitments, indicating stability in executive turnover for the company.
- Acknowledgment of Contributions: CEO Paul Reitz expressed gratitude for Kim's contributions over the past two years, highlighting the operational continuity provided post-Carlstar acquisition and the value of his engineering and financial expertise, reflecting the company's emphasis on talent.
- No Replacement Planned: Titan International currently has no intention of replacing this board seat, suggesting a preference for maintaining the existing governance structure and operational stability at this stage.
- Company Background: Titan International is a leading global manufacturer of off-highway wheels and tires, headquartered in West Chicago, Illinois, focusing on meeting OEM and aftermarket customer needs in the agricultural, earthmoving, and consumer markets, underscoring its significant position in the industry.
- Earnings Release Schedule: Titan International will release its Q4 2025 financial results before the market opens on February 26, 2026, providing investors with critical financial data and future outlook to analyze the company's performance.
- Teleconference Details: Following the earnings release, Titan will hold a teleconference and webcast on the same day at 9:00 a.m. Eastern Time, allowing participants to engage through a designated dial-in number or the company website, enhancing investor interaction.
- Webcast Access: Investors can access the live webcast via Titan's official website under the 'Investor Relations' section, ensuring they log in at least 10 minutes prior to the event for smooth participation.
- Company Background: Titan International is a leading global manufacturer of off-highway wheels and tires, focusing on agricultural, construction, and consumer markets, offering a wide range of products that meet OEM and aftermarket specifications, highlighting its significant position in the industry.
- Executive Appointments: Titan International appoints David Martin as Chief Transformation Officer to lead enterprise-wide transformation and strategic alignment, which is expected to accelerate AI adoption and enhance operational agility, laying a foundation for future growth.
- Financial Leadership Change: Tony Eheli is appointed Chief Financial Officer, and with his extensive experience in financial reporting and operational controls, he will continue to drive Titan's long-term growth and value creation, enhancing the company's financial governance.
- Accounting Role Promotion: Jim Pach is promoted to Chief Accounting Officer, overseeing financial compliance and internal controls, reflecting Titan's commitment to excellence in financial stewardship and ensuring continuity in global finance operations.
- Strategic Confidence: CEO Paul Reitz stated that these leadership transitions reflect confidence in the strength of Titan's executive team, aiming to accelerate the achievement of strategic objectives and deliver sustainable value to shareholders.
- Executive Appointments: Titan International appoints David Martin as Chief Transformation Officer to lead enterprise-wide transformation and accelerate AI adoption, aiming to enhance operational agility and long-term value creation, reflecting the company's focus on future growth.
- Financial Leadership Change: Tony Eheli is appointed Chief Financial Officer, leveraging his extensive experience in global financial reporting and audit oversight to continue driving Titan's long-term growth and value creation.
- Strengthening Financial Compliance: Jim Pach is promoted to Chief Accounting Officer, bringing six years of experience in financial compliance and reporting, ensuring ongoing excellence in financial stewardship and enhancing Titan's financial foundation.
- Strategic Confidence: CEO Paul Reitz states that these leadership transitions reflect confidence in Titan's executive team, aiming to accelerate the achievement of strategic objectives and deliver sustainable value to shareholders.
Financial Performance: Titan International reported a 4% increase in revenues to $466 million for Q3 2025, with improved gross margins at 15.2% and adjusted EBITDA rising to $30 million.
Market Outlook: The company anticipates moderate sales growth in Q4 2025, projecting revenues between $385 million and $410 million, while preparing for a seasonal volume increase in Q1 2026.
Strategic Positioning: CEO Paul Reitz highlighted the company's strong domestic manufacturing capabilities and the importance of trade negotiations, particularly with China, for future growth in the agricultural sector.
Risks and Uncertainties: The press release includes forward-looking statements that are subject to various risks, including economic conditions, regulatory changes, and market competition, which could impact future performance.

Strategic Partnership Announcement: Titan International has finalized a strategic partnership with Brazilian manufacturer Rodaros, focusing on agricultural and construction wheels, following a $4 million investment for a 20% ownership stake.
Market Expansion Goals: The partnership aims to enhance Titan's offerings in Brazil, the third largest agricultural market globally, by providing integrated wheel/tire assemblies to OEM customers, a unique service not offered by competitors in the region.
Leadership and Future Plans: Titan will secure a board seat at Rodaros and plans to acquire the remaining 80% of the company by 2029, contingent on financial performance, indicating a long-term commitment to the partnership.
Shared Vision for Growth: Both companies emphasize their shared values and technical expertise, aiming to create synergies that will deliver added value to customers in the agricultural and construction sectors.








