LAKEVILLE, Ind. (Aug. 5, 2010)—Hoosier Racing Tire Corp. has restructured its management in the wake of the recent retirement of Don Newton, a vice president with engineering, manufacturing and operations responsibilities, and a desire by company founders Bob and Joyce Newton to reduce their daily involvement in the race tire manufacturer.
Don Newton, son of Mr. and Mrs. Newton, retired July 16 after 36 years with the Lakeville-based company to spend more time with his family, including his wife Nancy, son Christopher and two grandchildren.
Newton's responsibilities have passed to John DeSalle, now vice president of engineering and manufacturing, and to Craig Benninghoff, now vice president of operations, the company said.
In addition, vice presidents Marge Newton and Dennis Sherman have been given additional management responsibilities in line with the Newtons' expressed desire to scale back their day-to-day involvement. Marge Newton and Sherman each has more than 30 years' experience with Hoosier, with DeSalle and Benninghoff more than 20 each.
Bob Newton, president and CEO, lauded Don for the “significant contributions” he's made to the firm's success, while Joyce Newton, executive vice president, stressed that Don's retirement “is in no way a detriment to this company moving forward.”
Bob and Joyce Newton founded the company in Lakeville 53 years ago.