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Corporate Governance
 

Executive Management Team

Lawrence C. Day
Chairman, President & Chief Executive Officer
TBC Corporation

Larry Day was elected Chairman in November 2005, Chief Executive Officer in October 1999 and President in October 1998. Mr. Day joined TBC in April 1998 as Executive Vice President and Chief Operating Officer.

Prior to joining TBC, Mr. Day spent five years with Monro Muffler and Brake, Inc, serving as President and Chief Executive Officer from 1995 to 1998. Previously, Mr. Day held key managerial positions with Montgomery Ward and the Firestone Tire & Rubber, Co.

J. Glen Gravatt
President
TBC Purchasing & Distribution Division

Glen Gravatt was named President, TBC Purchasing & Distribution Division in April 2008. Mr. Gravatt became Executive Vice President of Purchasing in November 2003 and has served as a key member of TBC's management team since 1984.

Prior to joining TBC, Mr. Gravatt held various accounting positions in the financial management and consumer products industries. Mr. Gravatt received graduate and undergraduate degrees from the University of Memphis.

Timothy J. Miller
Executive Vice President and Chief Financial Officer & Treasurer
TBC Corporation

Tim Miller was elected Executive Vice President and Chief Financial Officer & Treasurer in October 2006. Mr. Miller was named Vice President and Treasurer in August 2002 and elevated to Senior Vice President in 2005. He joined TBC in September 2000 as Assistant Treasurer. Mr. Miller is also the executive responsible for TBC's Shared Services Group.

Prior to joining TBC, Mr. Miller held various positions of increasing responsibility within the financial management industry. Mr. Miller received a graduate degree from the University of Memphis and an undergraduate degree from Washington State University.

Erik R. Olsen
President & Chief Executive Officer, TBC Wholesale Group
Executive Vice President & Chief Marketing Officer, TBC Corporation

Erik Olsen was named President & Chief Executive Officer of the TBC Wholesale Group in October 2008. Mr. Olsen was elected to the TBC Board of Directors in November of 2008. He joined TBC in December 2004 as Senior Vice President & Chief Marketing Officer and was elevated to Executive Vice President in 2005. Mr. Olsen added the responsibility of President, Carroll Tire Company from 2005 to 2008.

Prior to joining TBC, Mr. Olsen held various senior management positions with Michelin North America. Prior to joining Michelin in 1996, Mr. Olsen held marketing and sales positions of increasing responsibility with Procter & Gamble, The Clorox Company and Ralston Foods. Mr. Olsen received an undergraduate degree from the University of North Carolina at Chapel Hill.

Orland M. Wolford
President & Chief Executive Officer, TBC Retail Group

Orland Wolford was named President & Chief Executive Officer of the TBC Retail Group in April 2008. Mr. Wolford was elected to the TBC Board of Directors in January 2007. He joined TBC in June 2000 as President and Chief Executive Officer of the Tire Kingdom Group of retail stores.

Prior to joining TBC, Mr. Wolford held senior management positions with a number of leading automotive industry retail companies including the Firestone Tire & Rubber, Co. Mr. Wolford received an undergraduate degree from Ohio University.

 
 

Senior Management Team

William F. Hirst
Executive Vice President Sales & Customer Service,
Treadways

Bill Hirst was named Executive Vice President Sales & Customer Service, Treadways in April 2008. Mr. Hirst joined Treadways in 1996 as Vice President of the Jetzon/Telstar Division and was promoted to Vice President of Sales for the Corporation in 2006. Treadways is part of the TBC Wholesale Group.

Prior to joining Treadways, Mr. Hirst held management positions with various leading automotive industry companies including the Telstar Tyre & Rubber Company where he served as President from 1986 to 1996. Mr. Hirst received an undergraduate degree from the University of Delaware.

N. William Ihnken
Executive Vice President & Chief Operating Officer,
Tire Kingdom Group

Bill Ihnken was named Executive Vice President & Chief Operating Officer, Tire Kingdom Group in April 2008. Mr. Ihnken joined Tire Kingdom in July 2000 as Senior Vice President of Operations. He was promoted to President of Retail Operations, Tire Kingdom Group in April 2002. The Tire Kingdom Group is part of the TBC Retail Group.

Prior to joining Tire Kingdom, Mr. Ihnken held management positions with various leading automotive retail industry companies including the Firestone Tire & Rubber, Co. Mr. Ihnken received an undergraduate degree from the University of Central Florida.

Kevin A. Kormondy
Executive Vice President & Chief Operating Officer,
Big O Tires

Kevin Kormondy was named Executive Vice President & Chief Operating Officer, Big O Tires in April 2008. Mr. Kormondy joined Big O Tires in February 2002 as Divisional Vice President and became Senior Vice President of Business Development in April 2006. Big O Tires is part of the TBC Retail Group.

Prior to joining Big O Tires, Mr. Kormondy held various management positions in the telecommunications and automotive retail industries. Mr. Kormondy received an undergraduate degree from Union College.

Martin S. Krcelic
Senior Vice President, TBC Brands

Marty Krcelic was named Senior Vice President, TBC Brands in April 2009. Mr. Krcelic joined TBC Brands in January 2007 after spending seven years in various management positions with TBC subsidiary, Treadways. TBC Brands and Treadways are part of the TBC Wholesale Group.

Prior to joining Treadways, Mr. Krcelic held management and sales positions with various leading companies in the tire industry including President, David Early Tires and Vice President, Parnelli Jones. Mr. Krcelic received an undergraduate degree from the University of San Francisco.

K. Lyle Symonds
President, Carroll Tire Company

Lyle Symonds was named President Carroll Tire Company in April 2008. Mr. Symonds joined Treadways in June 2000. Prior to his current position, he was promoted to President of Treadways in January 2007. Carroll Tire Company is part of the TBC Wholesale Group.

Prior to joining Treadways, Mr. Symonds held various sales and finance positions of increasing responsibility with several manufactures in the tire industry. Mr. Symonds received an undergraduate degree from The Ohio State University.

Terry L. Trantina
Senior Vice President, General Counsel & Secretary,
TBC Corporation

Terry Trantina joined TBC Corporation in April 2009 and was appointed Corporate Secretary in May 2009. Mr. Trantina leads TBC’s Legal Department, which is a part of TBC’s Shared Services Group.

Prior to joining TBC, Mr. Trantina was a litigation partner in private practice for 12 years in New York City and New Jersey . Before entering private practice, Mr. Trantina was in-house counsel for AT&T in New Jersey. During a 23-year career with AT&T, Mr. Trantina was Chief Counsel for AT&T’s General Business Systems division and responsible for AT&T’s Headquarters and Eastern Region litigation as a General Attorney in AT&T’s Solicitor General Group. Mr Trantina graduated from the University of Santa Clara School of Law and Notre Dame University.