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

Goodyear Tire & Rubber Company has entered into a commitment for a $500 million credit facility to redeem its outstanding 9.5% Senior Notes due in 2025.

Goodyear Tire & Rubber Company has agreed to sell its Off-the-Road tire business to Yokohama Rubber Company for $905 million in cash.

Goodyear's first quarter results show a net loss of $57 million, but adjusted net income of $29 million, with significant improvements in segment operating income driven by the Goodyear Forward transformation plan.

Goodyear's annual shareholder meeting saw the election of thirteen directors and approval of executive compensation, along with the ratification of PricewaterhouseCoopers as the independent auditor.

The Goodyear Tire & Rubber Company's Human Capital and Compensation Committee has approved new forms of grant agreements for various equity and cash-based incentive plans under the 2022 Performance Plan.

Goodyear's Q4 2023 results exceeded expectations, driven by strong operating performance and the launch of a significant transformation plan.

Goodyear Tire & Rubber Company has announced Mark Stewart as its new CEO and President, effective January 29, 2024, succeeding Richard Kramer who will transition to a Senior Advisor role before retiring.

Goodyear's President of Americas, Stephen R. McClellan, will retire effective April 1, 2024, after 36 years with the company.