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Goodyear initiates search for new CEO

Goodyear chairman and CEO Richard J. Kramer will retire from the company next year, and the search for his successor is underway, the company announced.

Kramer to retire after 24 years with Goodyear

Richard J. Kramer has informed Goodyear’s board of his plans to retire as chairman, CEO and president of the company in 2024. Goodyear described Kramer’s retirement as “planned” and added that the subject has been “previously discussed with the board as part of the company’s ongoing and active succession planning process”. No successor has been named, but, as part of those plans, “the Goodyear Board retained a leading executive search firm to execute a search considering both internal and external candidates”.

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Goodyear Mulls Possible Sale Of Certain Businesses

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: Goodyear s stock jumps 5 5% on news of transformation plan that aims to raise more than $2 billion in proceeds

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