AKRON, Ohio — Akron-based Goodyear Tire & Rubber Co. has named former Stellantis executive Mark Stewart as its new CEO.
On Tuesday, Stellantis announced that it was replacing Stewart, who had served as North American chief operating officer, with Carlos Zarlenga, its current president of Stellantis Mexico.
At Goodyear, Stewart will succeed Richard Kramer, who previously announced his plans to retire. Kramer has worked at Goodyear for 24 years, including 14 as chairman, CEO and president.
Kramer will continue to serve Goodyear in an advisory capacity to help with the transition process.
Stewart will become CEO and president effective on Jan. 29. He will also become a board member.
“I am honored and humbled to join Goodyear at such a pivotal time in its history," said Stewart in a statement. "I have deep respect and admiration for everything Rich and the Goodyear team have accomplished together. Goodyear is an iconic company with an unmatched brand, industry-leading innovation and significant opportunity for growth. I am confident that Goodyear Forward is the right strategy to unlock the Company’s full potential in its next chapter. I look forward to working alongside the talented team around the globe as we drive sustainable and substantial value together.”
Laurette Koellner, independent lead director of Goodyear’s board since 2019, will become non-executive board chair.