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Posted 15 November, 2023

GOODYEAR TIRE & RUBBER CO /OH/ appointed new CEO

CEO Change detected for ticker Nasdaq:GT in a 8-K filed on 15 November, 2023.


  On November 10, 2023, Richard J. Kramer, Chairman, Chief Executive Officer and President, informed the Board of Directors of The Goodyear Tire & Rubber Company (the "Company") of his plans to retire in 2024.  

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Overview of GOODYEAR TIRE & RUBBER CO /OH/
Automotive • Tires
Goodyear Tire & Rubber Co. engages in the development, manufacture, distribution, and sale of tires. It operates through the following geographical segments: Americas, Europe, Middle East, and Africa, and Asia Pacific. The Americas segment is involved in the development, manufacture, distribution, and sale of tires and related products and services in North, Central, and South America. The Europe, Middle East, and Africa segment focuses on the development, manufacture, distribution, and sale of tires for automobiles, trucks, buses, aircraft, motorcycles, earthmoving, mining, and industrial equipment throughout Europe, the Middle East, and Africa. The Asia Pacific segment refers to the development, manufacture, distribution, and sales of tires for automobiles, trucks, buses, aircraft, farm, earthmoving, mining, and industrial equipment throughout the Asia Pacific region. The company was founded by Frank A. Seiberling on August 29, 1898 and is headquartered in Akron, OH.
Market Cap
$3.42B
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GOODYEAR TIRE & RUBBER CO /OH/ by TradingView
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. 

On November 10, 2023, Richard J. Kramer, Chairman, Chief Executive Officer and President, informed the Board of Directors of The Goodyear Tire & Rubber Company (the "Company") of his plans to retire in 2024. The Board of Directors has retained a leading executive search firm to execute a search considering both internal and external candidates. 

A copy of the news release announcing Mr. Kramer's retirement and related succession planning activities is attached hereto as Exhibit 99.1.