Bill Sweatman is to retire as president and CEO of Marangoni Tread North America (MTNA) after serving more than 16 years in the role, and 18 years with the company.
Sweatman joined Marangoni shortly after it was formed in 1998 by Jack Woodland in Walnut Creek California. In 2002 he moved to Madison, Tennessee, where the company began producing the Ringtread: a double-contoured precured tread molded in a circular shape that does not need to be spliced like other precured retreads used in commercial truck tire retreading.
Sweatman took over a fledgling MTNA to develop the Italian retread manufacturer and supplier into a nationally recognized brand with 5% US market share.
“I started in the tire industry in 1977 and the retreading industry in 1984. I would like to thank my employers, peers, customers, suppliers, and friends for this experience and I wish all well,” Sweatman said.
Clif Armstrong succeeds him as president and CEO and brings over 35 years of industry experience to this role, including multiple executive management functions. Since September 2017 he has served as vice president, business development, for Marangoni Tread North America.
Armstrong said, “While working for another company several years ago, I managed a project and got to see first hand the Ringtread product. I came away from that experience in awe of the Ringtread concept and its performance achievements. It truly is different and better. I am excited about this opportunity to lead this great organization.”