Titan International Inc. Board of Directors Extends Chairman/CEO Contract

QUINCY, Ill.-Titan International Inc. announces that the employment contract for Chairman and Chief Executive Officer Maurice M. Taylor Jr. has been extended two years, to 2012.

"The Board of Directors proposed a two-year addition to my contract, but before I agreed, I had my doctor, Dan Megler, give me a physical. He told me I was healthy as a 42-year-old jock and I agreed. Hopefully those who know me are not laughing too hard now!" said Taylor. "But seriously, the success of Titan's super giant tire project has been the most fulfilling career challenge of my life. I owe this success to our employees, and it is because of their hard work that we see these super giant tires in use around the world."

Titan's Board of Directors also extended employment contracts for Vice President of Finance and Treasurer Kent W. Hackamack and Vice President and Chief General Counsel Cheri T. Holley through 2013.

Titan International, Inc. (NYSE: TWI), a holding company, owns subsidiaries that supply wheels, tires and assemblies for off-highway equipment used in agricultural, earthmoving/construction and consumer (including all terrain vehicles) applications. For more information, visit www.titan-intl.com.



 

Contact: Titan Communications, (217) 221-4489