ATD Appoints Broderick as Interim President
News related to:American Tire Distributors · 2 min read
HUNTERSVILLE, N.C., Oct. 20, 2026 /CourierPR/ -- American Tire Distributors, one of the largest independent suppliers in the replacement tire industry, has appointed Michael Broderick as Interim President, effective immediately. The appointment follows the departure of Ira B. Silver from the company. In connection with Broderick's appointment, ATD announced that the Company and Silver have parted ways.
Broderick, a current member of ATD's Board of Directors and an experienced automotive aftermarket executive, will support the leadership transition while the Board conducts a comprehensive search for a permanent Chief Executive Officer, considering both internal and external candidates. ATD remains an important participant in the North American tire industry, with a robust network of over 110 distribution centers, proudly serving 80,000 customers nationwide. The Company has a broad portfolio of leading manufacturer and proprietary tire brands, and a team of nearly 3,500 dedicated associates.
During 2026, ATD made significant progress toward rightsizing its business and investing in its national distribution network. Over $170 million of structural costs were eliminated, with a portion of the savings reinvested in the business. Industry partners, including manufacturers and customers, have continued to support ATD. With the backing of its shareholders, ATD plans to make further investments in its national distribution network to better serve customers and manufacturer partners.
ATD has made important progress sharpening its focus on its core tire distribution business, improving operational efficiency, and delivering outstanding service and value to its customers and partners. As the company looks to accelerate these efforts, it has determined that now is the right time to initiate a leadership transition.
Broderick, who has more than 25 years of experience executing profitable growth and business transformation strategies in the aftermarket parts and tire service industries, expressed his excitement to step in and work alongside ATD's team of talented associates.
ATD remains focused on strengthening its market position, enhancing operating performance, and executing its long-term strategic transformation. The appointment of Michael Broderick as Interim President underscores the company's commitment to leadership transition and strategic growth.