Following the news that Mark Stewart has been appointed as Goodyear’s new global chief executive, further details of his remuneration have emerged. He’s getting paid a double-digit-million-dollar package in year one.
The Goodyear Tire & Rubber Company has named Mark Stewart as chief executive officer and president, effective 29 January 2024. He succeeds Richard J. Kramer, who announced his retirement from Goodyear towards the end of 2023. In addition, also as of 29 January, Laurette T. Koellner, independent lead director of Goodyear’s board since 2019, will become non-executive board chair, and Stewart will be added to the Goodyear board as a director.
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