GOODYEAR TIRE & RUBBER CO /OH/ — fact timeline

GOODYEAR TIRE & RUBBER CO /OH/ reported first quarter of 2026 results: net income adjusted net loss of $112 million, EPS adjusted loss per share of $0.39.

“on a pre-tax basis, rationalization charges of $104 million. This significant item, and others, are excluded from adjusted earnings. First quarter 2026 adjusted net loss was $112 million compared to adjusted net loss of $11 million in the prior year's quarter. Adjusted loss per share was $0.39 compared to $0.04 in the prior year's quarter. Per share amounts are”

GOODYEAR TIRE & RUBBER CO /OH/ announced a restructuring with charges of $100 million and $110 million affecting Europe, Middle East and Africa (EMEA) (reduction of approximately 600 positions across multiple countries within EMEA, while also creating approximately 200 ne).

“the rationalization plan remain subject to consultation with employee representative bodies. The total pre-tax charges associated with these actions are expected to be between $100 million and $110 million, of which $75 million to $85 million are expected to be rationalization charges primarily for associate-related and other exit costs. Total cash outflows for”

GOODYEAR TIRE & RUBBER CO /OH/ completed a disposition involving G-3 Chickadee Purchaser, LLC for $650 million (closed 2025-10-31).

“On October 31, 2025, The Goodyear Tire & Rubber Company, an Ohio corporation (the “ Company ”), completed the previously announced sale of its polymer chemical business (the “ Business ”) to G-3 Chickadee Purchaser, LLC, a Delaware limited liability company (the “ Purchaser ”), for a purchase price of $650 million, subject to adjustments in accordance with the terms of the Asset Purchase Agreement dated as of May 22, 2025 (as amended, the “ Agreement ”), by and between the Company and the Purchaser (the “ Transaction ”).”

GOODYEAR TIRE & RUBBER CO /OH/ announced a restructuring with charges of between $100 million and $110 million affecting Europe, Middle East and Africa (“EMEA”) business unit (approximately 900 job reductions).

“On June 2, 2025, The Goodyear Tire & Rubber Company (the “Company”) approved a proposed plan to close our manufacturing facility in Kariega, South Africa in the Europe, Middle East and Africa (“EMEA”) business unit. The proposed plan includes approximately 900 job reductions, including associates and contracted positions, and is expected to be substantially complete by the end of 2025. The total charges associated with this action are expected to be between $100 million and $110 million, of which $45 million to $55 million are expected to be cash charges primarily for associate-related and other exit costs and the remaining costs are expected to be non-cash charges primarily for accelerated depreciation and other asset-related charges.”

Jason J. Winkler was elected as Director at GOODYEAR TIRE & RUBBER CO /OH/.

“On May 12, 2025, Jason J. Winkler was elected to the Board of Directors of The Goodyear Tire & Rubber Company, effective on May 15, 2025, to a term expiring at the 2026 Annual Meeting of Shareholders.”

Christopher R. Delaney departed as President, Europe, Middle East and Africa at GOODYEAR TIRE & RUBBER CO /OH/.

“Christopher R. Delaney, a named executive officer in the 2025 proxy statement, left his employment with The Goodyear Tire & Rubber Company (the “Company”) effective on April 14, 2025.”

Christina L. Zamarro was appointed as Executive Vice President and Chief Financial Officer at GOODYEAR TIRE & RUBBER CO /OH/.

“Ms. Christina L. Zamarro, Executive Vice President and Chief Financial Officer of the Company, will lead the EMEA business unit on an interim basis in addition to her duties as Chief Financial Officer.”

Christopher R. Delaney departed as President, Europe, Middle East and Africa at GOODYEAR TIRE & RUBBER CO /OH/.

“Effective April 4, 2025, Christopher R. Delaney, President, Europe, Middle East and Africa (“EMEA”), is on a leave of absence from his position with The Goodyear Tire & Rubber Company (the “Company”).”

Prashanth Mahendra-Rajah resigned as Director at GOODYEAR TIRE & RUBBER CO /OH/.

“On January 11, 2025, Prashanth Mahendra-Rajah, a Director of The Goodyear Tire & Rubber Company (the “Company”), notified the Company that he will resign as a Director effective on January 15, 2025.”

GOODYEAR TIRE & RUBBER CO /OH/ reported first quarter of 2024 results: revenue $4.5 billion, net income $57 million (20 cents per share).

“Goodyear’s first quarter 2024 sales were $4.5 billion with tire unit volumes totaling 40.4 million. First quarter 2024 Goodyear net loss was $57 million (20 cents per share)”

GOODYEAR TIRE & RUBBER CO /OH/ shareholders approved Ratification of appointment of independent registered public accounting firm at the 2024-04-08 meeting.

“3. Ratification of appointment of independent registered public accounting firm. A resolution that the shareholders ratify the action of the Audit Committee in selecting and appointing PricewaterhouseCoopers LLP as the independent registered public accounting firm for Goodyear for the year ending December 31, 2024 was submitted to, and voted upon by, the shareholders. There were 241,176,157 shares of common stock voted in favor of, and 5,788,387 shares of common stock voted against, said resolution. The holders of 413,705 shares of common stock abstained and there were no broker non-votes.”

GOODYEAR TIRE & RUBBER CO /OH/ shareholders approved Advisory vote regarding the compensation of named executive officers at the 2024-04-08 meeting.

“2. Advisory vote regarding the compensation of named executive officers. An advisory resolution that the shareholders approve the compensation of Goodyear’s named executive officers was submitted to, and voted upon by, the shareholders. There were 202,229,201 shares of common stock voted in favor of, and 10,777,720 shares of common stock voted against, said resolution. The holders of 1,367,735 shares of common stock abstained and there were 33,003,593 broker non-votes.”

GOODYEAR TIRE & RUBBER CO /OH/ shareholders approved Election of Directors at the 2024-04-08 meeting.

“1. Election of Directors. Thirteen persons were nominated by the Board of Directors for election as directors of Goodyear, each to hold office for a one-year term expiring at the 2025 annual meeting of shareholders and until his or her successor is duly elected and qualified. Each nominee was elected. There were 33,003,593 broker non-votes with respect to each nominee. The votes cast for or against, as well as abstentions with respect to, each nominee were as follows: Name of Director Shares of Common Stock Voted For Shares of Common Stock Voted Against Abstentions Norma B. Clayton 210,258,234 (98.1%) 2,902,726 (1.3%) 1,213,696 (0.6%)”

GOODYEAR TIRE & RUBBER CO /OH/ reported financial results for the fourth quarter of 2023 and the year ended December 31, 2023.

“A copy of the Investor Letter issued by The Goodyear Tire & Rubber Company on Monday, February 12, 2024, describing its results of operations for the fourth quarter of 2023 and the year ended December 31, 2023, is attached hereto as Exhibit 99.1.”