LONDON-Tomkins P.L.C., the parent of Gates Rubber Co., Trico Products Corp. and Stant Corp., has named James Nicol, 47, its new CEO and a member of its board of directors.
Nicol had been president and chief operating officer of Magna International Inc. He joined the firm in 1987 as vice president of special projects, after a career as a commercial lawyer.
Tomkins Chairman David Newlands cited Nicol´s strong industrial and manufacturing background, automotive contacts and proven ability to create value for companies and their shareholders.
Nicol replaces former CEO Gregory Hutchings, who resigned from the company in October.