TITAN INTERNATIONAL INC. FINALIZES STRATEGIC ALLIANCE WITH BRAZILIAN WHEEL MAKER RODAROS
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.
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Titan International Appoints New Executives to Drive Transformation
- 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.

Titan International Appoints New Executives to Drive Strategic Transformation
- 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.






