Making Financial Headlines · Page 10
Goodyear Changes Drivers During Its Turnaround
· New York time
Goodyear Tire & Rubber has appointed board member Roger Wood interim CEO and president, replacing Mark Stewart as the company continues its turnaround plan. The leadership change puts a new executive at the front of an existing effort to improve the tire maker's business. An interim appointment identifies who will lead now without implying a permanent outcome. The company's challenge remains the execution of its plan, not simply the announcement of a new name. Goodyear is keeping the turnaround on the road, even as it changes the person holding the map.
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