Scott Damon will replace Paolo Ferrari as CEO, Bridgestone West; group president, Bridgestone Americas Inc.; and Bridgestone's global chief digital transformation officer, effective Nov. 1, 2024.
Damon currently is a vice president and senior officer of Bridgestone Corp. and group president, Bridgestone West Mobility Solutions. He also is a member of the Bridgestone Americas (BSAM) Board.
According to a statement from Bridgestone, Ferrari “will transition out of his executive roles” on Oct. 31, 2024.
“To facilitate a smooth transition, Ferrari will serve as an advisor to the company until Dec. 31, 2024, at which time he will leave the company to pursue other opportunities.”
Bridgestone officials say that Ferrari “has been a visionary leader who has been deeply involved in shaping and executing our strategy for the future and whose inspiring leadership has been deeply appreciated by teammates across the West.”
"On behalf of the Bridgestone Global leadership team and our teammates worldwide, I want to share our sincere gratitude to Paolo for his leadership and contributions to Bridgestone globally and in the West, as he has been a key member of the global executive committee of Bridgestone Corp. for several years,” says Bridgestone Global CEO Shuichi Ishibashi. “We wish him the greatest success in the future.
"I have worked with Scott for many years and have been continuously impressed with the depth and breadth of his knowledge of industries, products, and operations," Ishibashi continues.
"His expertise and experience in our industry, particularly in the commercial solutions, and understanding of customer pain points that leads to customer success will be instrumental in our next stage.
“I am 100% supportive of Scott and confident that he is the right leader who will fully turn around BSAM and the West business, overcoming its current challenges. Scott also has a proven track record of developing exceptional talent and teams that will support our further value creation as Global Bridgestone.”
Ferrari became president, CEO and COO of Bridgestone Americas Inc. on Jan. 15, 2020, succeeding Gordon Knapp, and has assumed a number of other roles within Bridgestone since then.
MTD Editor Mike Manges interviewed Ferrari earlier this year. Click here to read the full Q&A.
