Dave Marks, longtime president and CEO of the Independent Tire Dealers Group LLC (ITDG), will retire in 2023 upon the selection of - and successful transition to - his successor.
Marks became president and CEO of ITDG in August 2017.
Under his leadership, ITDG boosted its number of member locations by more than 50% to 1,000 and grew its sales to nearly $350 million annually.
"His outstanding sales leadership and team building - combined with his passion for excellence and getting exceptional results - has led to the group’s tremendous success," say members of ITDG's board.
Prior to his present role at ITDG, Marks held management, sales leadership and operational/distribution positions at Tireco/Tire Distributor Experts and American Tire Distributors Inc. He also spent 15 years at Tire Dealer’s Warehouse.
Marks' tire industry career began in 1978.
Commenting on his upcoming retirement and departure from ITDG, Marks says, “I am extremely grateful to the (group's) shareholders and the board of ITDG for allowing me the opportunity to help guide this group over the last five years.
"What a terrific end to a very rewarding career, where I’ve been able to develop everlasting friendships, as well as provide for my family over the last 40 years.”
“I am very thankful to the many friends and mentors who have helped guide and support me over the years and I am also honored to be able to head into retirement on a timetable that I have chosen. I will work closely with the board to find a successor and to set him or her up for a positive transition. Whoever that is will inherit an elite team, excellent programs, a great new ITDG private brand and a successful business model.”
A new search sub-committee of the ITDG board of directors will identify and present candidates for review.
“Our goal is to ensure that Dave’s replacement is the best fit to lead us into the future" says Rob Slagle, chairman of the ITDG board. “The timeline for Marks’ departure in 2023 will be determined once a successor has accepted the position.”
