Goodyear names executive to oversee Cooper Tire integration ahead of $2.8 billion planned acquisition
By Robin Goist - Advance Ohio Media, Cleveland (TNS)
AKRON, Ohio The Goodyear Tire and Rubber Co. on Thursday named Ryan Patterson as a senior vice president of business integration to integrate competitor Cooper Tire into the Akron-based company following a planned acquisition as part of a $2.8 billion cash-and-stock deal expected to close later this year.
Patterson has worked for Goodyear since 2002, most recently as president of the company’s Asia Pacific business operations.
Goodyear Chairman, CEO and President Rich Kramer said in a news release that Patterson “understands all aspects of our business end-to-end, including manufacturing, is deeply familiar with our customers and has served as the lead architect for some of Goodyear’s core go-to-market strategies.”
Goodyear Announces Leadership Changes
News provided by
Share this article
Share this article
AKRON, Ohio, March 4, 2021 /PRNewswire/ Following the company s recent announcement of its plans to acquire Cooper Tire, The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced that Ryan Patterson, currently president of its Asia Pacific business unit, will lead the integration effort as senior vice president, Business Integration. Nathaniel Madarang, currently managing director of Goodyear China, will succeed Patterson as president of Goodyear Asia Pacific.
Nathaniel Madarang, President, Asia Pacific As one of Goodyear s most senior leaders, Ryan Patterson has the depth and experience to lead the integration of our acquisition of Cooper Tire to maximize benefits for our shareholders, customers, consumers and associates, said Richard J. Kramer, chairman, CEO and president. Ryan is a market-back leader with broad, global perspective. From his leadership roles in Asia, Nort
Ryan Patterson
AKRON, Goodyear has made its first personnel move in the wake of its proposed $2.5 billion acquisition of the Cooper Tire & Rubber Co., naming Ryan Patterson to lead the integration of the companies.
Mr. Patterson, who was president of the Asia Pacific business unit, will now serve as senior vice president, Business Integration.
Nathaniel Madarang, managing director of Goodyear China, will succeed Patterson as president of Goodyear Asia Pacific. Both appointments are effective immediately.
Goodyear President, CEO and Chairman Richard Kramer said as a senior leader, Mr. Patterson has the depth and experience to lead the integration of our acquisition of Cooper Tire to maximize benefits for our shareholders, customers, consumers and associates.