TMD Friction has named John Hudson CEO, replacing Derek Whitworth, who has decided to pursue other opportunities, the company said. Hudson, who is executive director & CFO, will officially take over on July 19.
“Over the seven years as chief executive officer for TMD, we have successfully restored the group to its position as a leading automotive friction manufacturer and have ensured a good, long-term future for its employees,” said Whitworth. “Having completed the sale of the business to Nisshinbo Holdings Inc. in November 2011, I now feel that the time is right to step down and explore new challenges outside of the TMD and Nisshinbo Groups. The Board’s decision to appoint John Hudson as my successor has my full support and I am confident that TMD has a good and successful future ahead.”
“We are very pleased that John Hudson has accepted the offer to succeed Derek as chief executive officer. Derek and John have worked as a strong team since joining TMD and John’s appointment will allow continuity of senior management and direction for TMD. We are confident that TMD has a good future under his leadership,” said Shizuka Uzawa, president of Nisshinbo Holdings.
Mal Hartland will succeed Hudson at CFO.
“It is a great honor to be asked to succeed Derek as chief executive officer,” said Hudson. “I inherit a solid foundation within TMD upon which to build and the next years will be a period of exciting opportunity for the Nisshinbo and TMD friction businesses as we look to further strengthen our co-operation and enhance our service offerings to customers around the world.”