ETEL Announces New Chairman and CEO

European Tyre Enterprise Ltd (ETEL), the UK’s leading tyre group which includes Kwik Fit GB, Stapleton’s Tyre Services and Murfitt’s Industries, today announces that CEO Shinjiro (Sean) Tanaka is taking on a new role as group chairman.

Replacing him as CEO is Yutaka Kimbara, who is currently Group Director of the Europe & CIS General Products & Realty Group of ITOCHU Europe PLC, which is part of ETEL’s parent company ITOCHU Corp. of Japan.  Kimbara has many years’ experience within ETEL in a number of roles, having previously been the group’s chief operating officer and managing director of Stapleton’s, the group’s wholesale tyre operation.

Kimbara will lead ETEL as group CEO with effect from 1 April, with Tanaka providing support as chairman.