8-K
filed January 18, 2024, 6:59 PM ET
ticker GT
CIK 0000042582
leadership
confidence high
sentiment neutral
materiality 0.70
Goodyear names Mark Stewart CEO effective Jan 29, 2024; Kramer to retire
GOODYEAR TIRE & RUBBER CO /OH/
- Stewart joins from Stellantis, where he was COO of North America, leading $90B revenue unit.
- Compensation: base salary $1.4M, target incentive 160% of base, LTI grant $9M, signing bonus $8.56M.
- Outgoing CEO Kramer becomes Senior Advisor until retirement on July 31, 2024.
- Laurette Koellner, Independent Lead Director, named non-executive Board Chair effective Jan 29.
- Stewart also appointed to the Board of Directors effective Jan 29, 2024.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Richard J. Kramer retired as Director and Chairman of the Board at GOODYEAR TIRE & RUBBER CO /OH/.
- Action
- retired
- Role
- Director and Chairman of the Board
Exact text from the filing
Mr. Kramer will retire as a Director and Chairman of the Board
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Laurette T. Koellner was elected as Chairman of the Board at GOODYEAR TIRE & RUBBER CO /OH/.
- Action
- elected
- Role
- Chairman of the Board
Exact text from the filing
Ms. Laurette T. Koellner, the Board’s independent Lead Director, has been elected Chairman of the Board, all effective January 29, 2024.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Richard J. Kramer was appointed as Senior Advisor at GOODYEAR TIRE & RUBBER CO /OH/.
- Action
- appointed
- Role
- Senior Advisor
Exact text from the filing
who will become Senior Advisor to the CEO, also effective January 29, 2024 until his retirement on July 31, 2024.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Mark Stewart was appointed as Director at GOODYEAR TIRE & RUBBER CO /OH/.
- Action
- appointed
- Role
- Director
Exact text from the filing
On January 18, 2024, The Goodyear Tire & Rubber Company (the “Company”) announced that Mark Stewart will become Chief Executive Officer and President and a member of the Board of Directors of the Company (the “Board”), effective January 29, 2024.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Richard J. Kramer retired as Chief Executive Officer at GOODYEAR TIRE & RUBBER CO /OH/.
- Action
- retired
- Role
- Chief Executive Officer
Exact text from the filing
Mr. Stewart succeeds Richard J. Kramer
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Mark Stewart was appointed as Chief Executive Officer and President at GOODYEAR TIRE & RUBBER CO /OH/.
- Action
- appointed
- Role
- Chief Executive Officer and President
Exact text from the filing
On January 18, 2024, The Goodyear Tire & Rubber Company (the “Company”) announced that Mark Stewart will become Chief Executive Officer and President and a member of the Board of Directors of the Company (the “Board”), effective January 29, 2024.
View on SEC.gov
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