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Leadership Changes At Midas Post TBC Acquisition

TBC Corp. has put new leadership in place for the Midas organization following its acquisition of the Itasca, IL-based auto service chain and the subsequent departure of Midas CEO Alan Feldman. He had been Midas’ CEO since 2003.

Mike Gould, a 32-year veteran of Midas, has been appointed senior vice president and chief operating officer. He has served as senior vice president of franchise operations since 2009. Prior to that, Gould was vice president of retail operations. He also served as vice president of Midas’ company-operated shop business from 2005-‘07.

TBC also has appointed Tim Garza as the vice president of Midas franchise operations. Garza had been serving as the division vice president for TBC’s Tire Kingdom shops in Georgia and Florida. He has been with TBC since 2009. He joined the company from Southeast Toyota Distributors, where he held a variety of senior management positions over a 33-year span.

Meanwhile, Midas veteran Phil Hultquist has been named vice president – western division. He previously was the west regional manager, responsible for more than 300 Midas stores across 13 states. Gerry Schwall, who previously served as Northeast regional manager, is now Midas’ vice president – east division.

Glenn Root remains vice president of Midas’ Canadian operations. He is a veteran of the Canadian service and tire industry, having worked for Goodyear Canada, Canadian Tire and Beverly Tire before joining Midas.

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