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Firestone Industrial Products Announces Gary Reynolds Retirement
Michael Cerio to succeed Reynolds as President of unit

CARMEL, Ind. (June 5, 2003)–BFS Diversified Products, LLC (BFDP) today announced that Gary Reynolds, president of Firestone Industrial Products (FSIP), a business unit of BFDP headquartered in Carmel, Ind., has elected to retire from the company on June 30, 2003. Succeeding Reynolds as president of FSIP on July 1, 2003, will be Michael Cerio, presently executive director, consumer corporate accounts, Bridgestone/Firestone North American Tire, LLC, (BFNT) a sister company of BFDP.

Reynolds, an Indiana native, joined the Firestone Tire & Rubber Company in 1963 as a sales engineer trainee after graduating from Rose Polytechnic Institute with a Bachelors degree in Chemical Engineering. He held various assignments of increasing responsibility during his 40 year tenure with FSIP, including senior sales engineer; sales manager, original equipment air spring sales; manager, international operations; and division manager. He was appointed to his present position as president, FSIP, in 2000.

Cerio, originally from New York, graduated from Syracuse University in 1972 with a Bachelor of Science degree in Mechanical Engineering. That same year he began his career with the Firestone Tire & Rubber Company in Akron, Ohio, as a development engineering trainee. Working his way up through the organization, Cerio has served in many different parts of the business including senior engineer, race tires; project engineer, passenger tire development/replacement tire engineering; senior sales engineer, original equipment sales; director, high performance business operations; manager, Bridgestone brand marketing; and director, corporate accounts. He became executive director BFNT consumer corporate accounts in 2000.

John Lampe, president, CEO and chairman of BFDP as well as that company’s parent, Bridgestone Americas Holding, Inc., said, “All of us in the Bridgestone Americas family thank Gary for his loyalty and service to our company, and we wish him well in his retirement. I know that I speak for the entire BFDP team when I say we will miss his warmth, vision and ability to make things happen.”

“We are fortunate to have someone of Mike’s caliber ready and able to step up to this challenging position,” continued Lampe. “I strongly believe that his combination of engineering, marketing and sales skills will be very valuable as he takes the helm at FSIP and these diverse experiences will be a tremendous asset during these challenging economic times.”

Firestone Industrial Products, headquartered in Carmel, Ind., with facilities in three states, is the leading manufacturer of air springs for truck and automobiles. Its Airide brand air springs can be found as original equipment on such vehicles as the Lincoln Town Car and Freightliner, Kenworth and Peterbilt trucks and most semi-trailers in the United States.

Carmel, Ind.-based BFS Diversified Products, LLC is a subsidiary of Bridgestone Americas Holding, Inc., whose parent, Bridgestone Corporation of Japan, is the world’s largest tire and rubber company. BFDP businesses include the development, production and sale of market-leading commercial building and roofing products, industrial products (including air springs for trucks, trailers and other industrial applications), synthetic and natural rubber and fibers and textiles arenas.

 



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