As filed with the Securities and Exchange Commission on February 11, 2000
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
February 8, 2000
COOPER TIRE & RUBBER COMPANY
(Exact name of registrant as specified in its charter)
DELAWARE 1-4329 34-4297750
(State or other (Commission (I.R.S. employer
jurisdiction of File Number) identification no.)
incorporation)
Lima and Western Avenues, Findlay, Ohio 45840
(Address of principal executive offices)
(Zip Code)
(419) 423-1321
(Registrant's telephone number, including area code)
The Exhibit Index is located at page 3.
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Item 5. Other Events
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Patrick W. Rooney, chairman of the board and chief executive officer of Cooper
Tire & Rubber Company, has announced his intention to retire as of June 3,
2000. Thomas A. Dattilo, currently president and chief operating officer of
the Company, will succeed Mr. Rooney as chairman of the board, president and
chief executive officer as of April 28, 2000.
Additional information concerning Mr. Rooney's retirement and his succession
by Mr. Dattilo may be obtained from the Company's press release issued
February 8, 2000, which is hereby incorporated by reference and included as
Exhibit 99 of this report on Form 8-K.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
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(c) Exhibits. The following exhibit is filed herewith:
Exhibit No. Description
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99 Cooper Tire & Rubber Company press release issued
February 8, 2000
SIGNATURES
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Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
COOPER TIRE & RUBBER COMPANY
By: /S/ Eileen B. White
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Corporate Controller
(Principal Accounting Officer)
February 11, 2000
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(Date)
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EXHIBIT INDEX
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EXHIBIT DESCRIPTION
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99 Cooper Tire & Rubber Company press release issued February 8, 2000
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Exhibit 99
COMPANY CONTACT: PHILIP G. WEAVER FOR IMMEDIATE RELEASE
419-424-4320 FEBRUARY 8, 2000
COOPER TIRE & RUBBER COMPANY'S PATRICK W. ROONEY ANNOUNCES RETIREMENT;
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THOMAS A. DATTILO TO SUCCEED ROONEY
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FINDLAY, OHIO, FEBRUARY 8, 2000 - COOPER TIRE & RUBBER COMPANY (NYSE:CTB) At
the board meeting earlier today, Patrick W. Rooney, chairman and chief
executive officer announced his intention to retire as of June 3, 2000. Mr.
Rooney, who will be 65 in October, will leave his position in accordance with
company policy which requires officers to retire at the age of 65. Thomas A.
Dattilo will succeed Rooney as chairman of the board, president and chief
executive officer as of April 28, 2000.
Pat Rooney began his career with Cooper Tire & Rubber Company in 1956 as a
sales trainee. Net sales for the corporation in 1956 were $23.4 million. As
reported earlier today, the company net sales for 1999 reached $2.2 billion.
In 1958 Rooney became a territory sales representative and in 1960 was named
manager of tread rubber sales. In 1965 he became general sales manager of the
Cooper brand and was elected vice president in 1969. In 1984 he was named
head of all tire sales and in 1987 was elected vice president-marketing for
Cooper's tire operations.
Rooney was elected president of tire operations and a director of the company
in 1990. In 1991 he was named president and chief operating officer. In
October, 1994, he assumed the position of chairman, president and chief
executive officer for the corporation. In January, 1999, he transferred the
responsibilities of president to Tom Dattilo who also became chief operating
officer at that time.
Dattilo joined Cooper Tire & Rubber Company as president and chief operating
officer on January 4, 1999. In February, 1999 he was elected to the board of
directors. Prior to joining Cooper, Dattilo spent more than 21 years in the
automotive parts business with his latest position being president, sealing
products for the Dana Corporation, Toledo, Ohio, one of the world's largest
manufacturers of vehicular and engine components.
Mr. Dattilo's background includes a B.A. from The Ohio State University and a
J.D. from The University of Toledo. He also completed the Harvard Business
School Advanced Management Program. He is a native of Akron, Ohio, a past
chairman of the Automotive Parts Manufacturers Association and a member of
numerous business organizations.
Commenting on Pat Rooney's pending retirement, Tom Dattilo said, "Pat's legacy
transcends the industries in which we compete. He is a respected leader
within the company and throughout the tire and automotive products industries.
Pat's guidance during the last year has been critical in helping our company
put the pieces in place to remain a strong global competitor throughout the
21st century. We will certainly miss Pat's leadership, determination and
integrity, but these hallmarks have become a part of Cooper and will always
continue," he concluded.
(continued)
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Company Description
Cooper Tire & Rubber Company is headquartered in Findlay, Ohio and specializes
in the manufacture and marketing of automotive products. Products for
Cooper's tire group include automotive, motorcycle and truck tires, inner
tubes, tread rubber and equipment. In the automotive group, Cooper is an
original equipment supplier of sealing, trim, NVH control systems and fluid
handling systems for the automotive industry in North America, Europe and
South America. Other products for this group include rubber and plastic
sealing components for the refrigeration industry in North America. Cooper
has more than 25,000 employees and 74 manufacturing facilities in thirteen
countries. For more information, visit the company's web site at:
www.coopertire.com.
Editor's note. Photos of P.W. Rooney and T. A. Dattilo are available upon
request by contacting: [email protected]., or by calling 419-427-4857.
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