Goodyear: Mark Stewart, ex-Stellantis, appointed CEO

(CercleFinance.com) - Goodyear announced on Thursday the appointment of Mark Stewart, former head of Stellantis in North America, as Chief Executive Officer, a role he will assume from Monday 29 January.


Stewart will succeed Richard J. Kramer, who had previously announced his intention to step down after 24 years with the tire manufacturer, 14 of which as CEO.

He will be replaced by Laurette Koellner, an independent director since 2019, as head of the American manufacturer's board of directors.

Until now, Stewart was Stellantis' Deputy Chief Executive Officer (COO) in charge of the North America region, which employs over 88,000 people and generates annual sales of around $90bn.

By comparison, Goodyear has 74,000 employees and sales of $20.8bn in 2022.

Note pmt +1.5% on Thursday on Wall Street following this appointment.


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