Goodyear CEO Richard Kramer to retire in 2024; board launches succession search

GOODYEAR TIRE & RUBBER CO /OH/

Richard Kramer to retire in 2024 after 14 years as Chairman, CEO and President.
Board retained executive search firm to consider both internal and external candidates.
Kramer led Goodyear's largest-ever acquisition, Cooper Tire in 2021, and navigated pandemic.
Goodyear separately announced 'Goodyear Forward' transformation plan to optimize portfolio and reduce leverage.

item 5.02 item 9.01

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Departed

Richard J. Kramer

Chairman, Chief Executive Officer and President

GT · GOODYEAR TIRE & RUBBER CO /OH/

Filed: November 15, 2023, 6:59 PM ET

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.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Richard J. Kramer departed as Chairman, Chief Executive Officer and President at GOODYEAR TIRE & RUBBER CO /OH/.

Action: retire
Role: Chairman, Chief Executive Officer and President

Exact text from the filing

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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Source: SEC EDGAR

accession 0001193125-23-277528

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