Nov 5, 4:30 PM ET
Goodyear's board elected David E. Phillips as Executive Vice President, Chief Legal Officer and Head of Enterprise Transformation, effective November 1, 2026. The filing sets his base salary at $850,000 and his annual incentive target at $850,000, and says a restricted stock unit grant with a grant date fair value of $1,250,000 is expected in February 2027.
- Effective date of appointment: November 1, 2026
- Base salary: $850,000; annual incentive target: $850,000
- Expected RSU grant with grant date fair value of $1,250,000 in February 2027 under the 2022 Performance Plan
Read the filing on SEC.gov ↗
Nov 4, 4:25 PM ET
Goodyear reported third quarter 2026 net sales of $4.5 billion, down 2.3% from a year earlier, and a net loss of $238 million, or $0.82 per share, versus a $2.2 billion loss a year ago. Adjusted results swung to a $31 million loss from $82 million of adjusted net income in the prior-year quarter, and the company said it has set up a transformation office to pursue structural changes to generate more consistent free cash flow.
- Net sales were $4.5 billion, down 2.3% year over year, and up 1.6% on an organic basis.
- Net loss was $238 million ($0.82 per share) versus $2.2 billion ($7.62 per share) a year ago; adjusted loss was $31 million ($0.11 per share) versus adjusted income of $82 million ($0.28 per share).
- Segment operating income was $174 million, compared with $287 million a year ago.
- Third quarter rationalization charges were $148 million pre-tax, and a dedicated transformation office was established.
Read the filing on SEC.gov ↗
Oct 27, 4:32 PM ET
Goodyear said Jerome J. Rouquet, currently CFO of Visteon Corporation, will become Executive Vice President and Chief Financial Officer effective December 1, 2026. Scott M. Deakin continues as Interim CFO through November 30, 2026. The filing also details a compensation package for Rouquet, which includes a base salary of $900,000 and a long-term incentive award valued at $3,200,000.
- Jerome J. Rouquet becomes EVP and CFO effective December 1, 2026; Scott M. Deakin serves as interim CFO through November 30, 2026
- Rouquet has been SVP and CFO of Visteon Corporation since February 2020; he is 59 years old
- Base salary of $900,000 and target annual incentive of $900,000
- Make-whole and inducement awards include a $2,500,000 cash payment on March 15, 2027 and Restricted Stock Unit awards of $2,600,000 and $700,000
Read the filing on SEC.gov ↗
Oct 1, 4:32 PM ET
Goodyear's vice president and controller, Margaret V. Snyder, is resigning effective October 16, 2026 to pursue another opportunity, and the company says the departure is unrelated to its financial or operating results. Stephen F. Shamrock, previously vice president and assistant controller, will take the controller role and serve as principal accounting officer, following the company's established succession plan.
- Margaret V. Snyder resigns as Vice President and Controller effective October 16, 2026
- Stephen F. Shamrock named Vice President and Controller effective October 16, 2026
- Shamrock, 54, rejoined Goodyear September 24, 2025; previously held controller and CFO roles at Nordson and Materion
- Goodyear expects to review Shamrock's compensation in October 2026
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.