TAIPEI, Taiwan (May 23)—Tire manufacturer Federal Corp. has named Jamie Ma, former executive vice president, to be president. Ma, 28, succeeds De Ling Ma, formerly vice chairman and president. Jamie Ma, who has been with Federal since 1998, also is chairman of Federex Marketing Corp., a Taiwanese domestic sales and marketing company, and of Federal Tire (Jiangxi) Ltd., Federal's tire making venture in China. One of Ma's stated goals is to double the company's sales in North America this year. Federal was the 49th largest tire maker in 2000, with sales of $106.6 million.
Federal Corp. names new president
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