A familiar face has returned to Goodyear Tire & Rubber. As of 20 September, Darren R. Wells is back with the tyre maker as executive vice-president and chief financial officer – a position he held between 2008 and 2013. He succeeds Laura Thompson, who in June announced her intention to retire in the first quarter of 2019 following a 35-year career with the company.
Rights to use the Dunlop brand name on tyres and related products are mainly divided up around the world between Goodyear Tire & Rubber and Sumitomo Rubber Industries. In Australia, Goodyear acts as rightsholder to the Dunlop brand, and this makes a recent court decision significant.
The Goodyear Tire & Rubber Company was recently recognised by the U.S. Tire Manufacturers Association (USTMA) with a Leadership Award for promoting innovative practices to improve worker safety.
In spite of alternatives such as guayule and Russian dandelion, the Hevea brasiliensis tree will remain an important source of rubber for tyre manufacturers. The Goodyear Tire & Rubber Company recognises this and has announced a new natural rubber procurement policy. The tyre maker says this new policy “reflects its strong commitment to the responsible sourcing of raw materials” and believes its implementation and adherence will help address deforestation, land grabbing, and human rights in the areas of the world where natural rubber is produced.
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