BOULDER CITY, Nev. (April 29, 2009)—Amerityre Corp. tapped Michael Kapral as its new president and CEO following the resignation of Gary Benninger, who held that post since September 2007.
Kapral joined the polyurethane tire developer in March 2008 and most recently served as vice president of marketing. His 25-year career in the tire industry includes serving as general manager of Carpenter Co.'s tire products division and as medium truck territory manager for Bridgestone/Firestone in Pennsylvania and Virginia.
Benninger will continue to serve as a member of the company's board of directors.
Amerityre, in its 13 years of existence, has reported collective losses of more than $57 million on revenues of about $15 million.