secwatch.observer — SEC 8-K summary
======================================

Issuer:     GOODYEAR TIRE & RUBBER CO /OH/ (GT)
CIK:        0000042582
Form:       8-K
Filed at:   2024-01-18T23:59:59+00:00
Accession:  0001193125-24-009655
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Goodyear names Mark Stewart CEO effective Jan 29, 2024; Kramer to retire
------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/42582/000119312524009655/0001193125-24-009655-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/42582/000119312524009655/d733884d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-009655

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer