Goodyear Tire & Rubber CO /OH/ 8-K filings

Goodyear Tire & Rubber Company announced the permanent closure of its Fayetteville, North Carolina manufacturing facility, anticipating pre-tax charges between $535 million and $565 million.

Goodyear Tire & Rubber Company CFO Christina Zamarro will step down on July 10, 2026, with Scott Deakin appointed as interim CFO.

The Goodyear Tire & Rubber Company has priced an offering of $1.05 billion in aggregate principal amount of 8.875% Senior Notes due 2032.

Goodyear Tire & Rubber Company announced first quarter 2026 results, reporting a net loss of $249 million and net sales of $3.9 billion, impacted by weak consumer demand and increased costs.

The Goodyear Tire & Rubber Company successfully concluded its 2026 Annual Meeting with the re-election of all director nominees and approval of executive compensation.

Goodyear Tire & Rubber Company approved a rationalization plan in its EMEA region, targeting a net reduction of approximately 400 positions and an annual operating income improvement of $50 million.

Goodyear finalized the sale of its polymer chemical business for $650 million, completing its planned divestitures, while reporting a significant Q3 2025 net loss of $2.2 billion due to non-cash charges.

Goodyear Tire & Rubber Company announced the departure of its Americas President, Ryan Waldron, with Marcelo Toscani taking over on an interim basis.

Goodyear reported a significant increase in net income for Q2 2025 driven by asset sales, despite challenging market conditions and a decline in adjusted net income.

Goodyear Tire & Rubber Company announced a plan to close its Kariega, South Africa manufacturing facility, resulting in approximately 900 job reductions and expected charges of $100 million to $110 million, aiming for annual operating income improvement of $10 million starting 2026.

The Goodyear Tire & Rubber Company has priced a new offering of $500 million in 6.625% Senior Notes due 2030, with proceeds primarily intended to redeem the remaining portion of its 5.000% Senior Notes due 2026.

Goodyear announced the completion of its Off-The-Road (OTR) tire business sale for approximately $905 million and the redemption of $400 million in senior notes, providing pro forma financial statements reflecting these strategic moves and significant debt reduction.

Goodyear Tire & Rubber Company has entered into an agreement to sell its polymer chemicals business to G-3 Chickadee Purchaser, LLC (Gemspring Capital Management, LLC) for approximately $650 million in cash.

Goodyear Tire & Rubber Company amended and restated its U.S. first lien revolving credit facility, extending the maturity to 2030 and maintaining the interest rate at SOFR plus 125 basis points based on current liquidity.

Goodyear Tire & Rubber Company appoints Jason J. Winkler, CFO of Motorola Solutions, to its Board of Directors, effective May 15, 2025.

Goodyear Tire & Rubber Company reports first quarter 2025 results, including net sales of $4.3 billion and net income of $115 million, and completes the sale of the Dunlop brand to Sumitomo Rubber Industries for $735 million.

Christopher R. Delaney, a named executive officer at Goodyear, departed from the company effective April 14, 2025, with Christina L. Zamarro taking on interim leadership of the EMEA business unit.

Goodyear Tire & Rubber Company's shareholders approved an amendment to the 2022 Performance Plan, allowing for the issuance of an additional 12.4 million common shares.

Christopher R. Delaney, President of Goodyear's Europe, Middle East, and Africa (EMEA) division, is on a leave of absence, with CFO Christina L. Zamarro stepping in to lead the unit on an interim basis.

Goodyear Tire & Rubber Co. has amended its Outside Directors Equity Participation Plan (ODEPP), increasing the annual equity grant and modifying deferral options for common stock.

Goodyear's full-year 2024 net income reached $70 million, with adjusted net income at $302 million, driven by the Goodyear Forward transformation plan.

Goodyear Tire & Rubber Company finalizes the sale of its off-the-road (OTR) tire business to Yokohama Rubber Company for approximately $905 million and amends its initial report to include pro forma financial information.

Goodyear Tire & Rubber Co. announces a plan to reduce production capacity in the Americas, leading to 850 job reductions at its Danville, Virginia facility and expected pre-tax charges of $130-$140 million.

Goodyear Tire & Rubber Company announces the redemption of its $500 million 9.500% Senior Notes Due 2025 on February 19, 2025.

Goodyear has finalized the sale of its off-the-road tire business to Yokohama Rubber for approximately $905 million in cash.

Prashanth Mahendra-Rajah, a Director of The Goodyear Tire & Rubber Company, has resigned effective January 15, 2025.

Goodyear Tire & Rubber Company has agreed to sell its Dunlop brand rights in Europe, North America, and Oceania to Sumitomo Rubber Industries for approximately $701 million, as part of its Goodyear Forward transformation plan.

Goodyear reported a net loss of $34 million for Q3 2024, but increased its Goodyear Forward targets due to strong performance.

Goodyear Tire & Rubber Company announced a net income of $85 million for the second quarter of 2024, a significant improvement compared to the net loss in the same period last year, driven by its Goodyear Forward transformation plan.

Goodyear has agreed to sell its Off-the-Road tire business to Yokohama for $905 million in cash as part of its Goodyear Forward transformation plan.