8/5/16 – 4:51 A.M.
Thursday’s second quarter financial report from Cooper Tire & Rubber was the final report issued with Roy Armes at the helm of the company. Armes announced earlier this year he would retire on August 31. He’ll be succeeded by Brad Hughes, who currently serves as the chief operating officer.
Thursday’s report showed increased profit over the second quarter of 2015. In a release, Armes said, “I’m proud to bring news of such strong performance as I move forward to a new chapter of my life.” He added, “it’s always great to end on a high note.” Armes also gave credit to the entire team at Cooper for the hard work they put in.
The Courier reports Armes has been the CEO of the company for nearly 10 years.
MORE: The Courier