PIRKKALA, Finland—Black Donuts Engineering Inc. has appointed Derek Carruthers, a former executive at Cooper Tire & Rubber Co., Pirelli & C. S.p.A. and Bridgestone, as its new CEO.
On Jan. 1, Carruthers will take over the CEO role from Black Donuts' founder Kai Hauvala, who is continuing to work with the company, according to a Dec. 11 news release from the firm.
Hauvala's official role will be as "founder" of BDE
The move follows a recent court case in which 10 people working for BDE were found guilty of violating trade secrets of their former employer Nokian Tyres P.L.C.
Three BDE executives, including Hauvala, were sentenced to business prohibitions of three-to-five years, though Hauvala told European Rubber Journal the bans had been lifted on appeal.