LEAVITTSBURG, Ohio (Oct. 18, 2007) — Manny Cicero has left Denman Tire Corp. as president and CEO to pursue another opportunity.
Sanford Pensler, president of Denman parent Pensler Capital Corp., has been acting as interim CEO since Cicero´s departure in May. Cicero joined Denman as president and CEO two years ago. Prior to that, he had served as president of Bridgestone/Firestone´s off-the-road tire group.
Pensler said Denman is "continuing on as before" with new product lines and strategy.
"I don´t think there´s a really meaningful change in strategic thrust for Denman, but we are growing our product line and range," he said.
Pensler was unable to disclose where Cicero is working now and declined to comment if Denman is searching for a permanent replacement.