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October 23, 2014 02:00 AM

Apollo names new exec to lead Europe, Americas units

Tire Business Report
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    Mathias Heimann will lead Apollo Tyres Ltd.'s businesses in Europe and the Americas.

    KOCHI, India—India's Apollo Tyres Ltd. has hired Mathias Heimann, a one-time adviser to Continental A.G., to oversee its business interests in Europe and the Americas and to be CEO of Apollo Vredestein B.V., Apollo's manufacturing and sales subsidiary in Enschede, Netherlands.

    Heimann, an adviser for mergers and acquisitions from 1999 to 2002 for Continental, apparently replaces Luis Ceveniz as the top executive at Apollo Vredestein. Apollo did not comment specifically on the departure of Ceneviz, who had been in charge of Apollo's activities in Europe and South Africa since October 2012.

    Neeraj Kanwar, Apollo vice chairman and managing director, cited Heimann's “rich experience in the tire industry in particular and in multi-cultural environments in general” for Apollo's decision to hire him, and said these traits will be “of immense value to Apollo as we consolidate our current operations in Europe and prepare for the next phase of growth,” which will include the project to build a tire plant in Hungary.

    Heimann will be based at Apollo's European Operations headquarters in Enschede.

    Apollo did not elaborate on Heimann's responsibilities in the Americas.

    Speaking about his appointment, Heimann said, “With Apollo's investments in the manufacturing capabilities of the Enschede plant and expansion in Europe, coupled with significant investments in brands and marketing, I look forward to work with the team to rapidly expand our presence in the market and capture new opportunities.”

    The 48-year-old Heimann is a German national with more than 20 years of experience in sales, marketing and production. His career within the automotive industry has included OE suppliers as well as retail and service organizations for large international automobile companies in Europe and Asia.

    During his time as an adviser to Continental, he reported to the vice president of finance advising on matters pertaining to Conti's tires, brakes and ContiTech businesses, according to his biography posted on the website of Schrad Group, where he most recently was employed.

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