"Stellantis Exec Mark Stewart Named Goodyear's New CEO"

Goodyear Tire & Rubber Co is expected to name Stellantis executive Mark Stewart as its new CEO following pressure from activist investor Elliott Investment Management. The appointment is anticipated to be announced this week, and the search for a new CEO was reportedly not influenced by the settlement with Elliott. Last year, Goodyear announced the retirement of its longtime CEO Richard Kramer in 2024 and initiated business streamlining efforts after the Elliott settlement.