Feb 14

New Goodyear CEO Discusses Path Forward after Company Reports Loss

New Goodyear Tire & Rubber Co. CEO and President Mark Stewart told investors Tuesday that he’s committed to improving all aspects of the company’s performance.

Stewart, just two weeks on the job after succeeding Richard Kramer (who retired last month), made his conference-call debut with investors to discuss the the Akron company’s fourth-quarter results released Monday.

“You can expect me to focus heavily on Goodyear’s manufacturing operations and distribution, understanding it on every level, and working with the team to enhance capability and cost-effectiveness,” Stewart told investors.

On Monday, Goodyear announced a $181 million annual loss, compared to …

Source: Akron Beacon Journal

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