STOCK TITAN

Goodyear Names Ewald Vice President, Strategy and Business Development

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

The Goodyear Tire & Rubber Company (NASDAQ: GT) announced the appointment of Thad Ewald as vice president of Strategy and Business Development, effective August 23, 2021. Ewald, who previously served as vice president at Cummins, Inc., will report to CFO Darren Wells. His extensive experience in strategy development, including leading initiatives in electrification and hydrogen power, is expected to support Goodyear's growth in both traditional and emerging markets, enhancing its long-term strategic direction.

Positive
  • Hiring of Thad Ewald for Strategy and Business Development brings expertise in strategy development and growth.
  • Ewald's background includes leadership roles in electrification and joint ventures, potentially benefiting Goodyear's innovation efforts.
Negative
  • None.

AKRON, Ohio, Aug. 19, 2021 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced that Thad Ewald has been hired as vice president, Strategy and Business Development, reporting to Executive Vice President & Chief Financial Officer Darren Wells, effective Aug. 23.

"Thad brings significant expertise in strategy development that will help the leadership team at Goodyear drive our long-term strategy and pursue growth opportunities for both our traditional and emerging businesses," said Wells.

Prior to joining Goodyear, Thad was vice president, Corporate Strategy and Development for Cummins, Inc., a Fortune 500 manufacturer of power products. In that role, Thad was responsible for the development of the company's global strategy as well as the company's growth office that invested in new technologies including products, services and digital business initiatives.

During his tenure, Thad also led the development of Cummins' start-up in the electrified and hydrogen power segment and was responsible for joint ventures, acquisitions and divestiture transactions.

About The Goodyear Tire & Rubber Company

Goodyear is one of the world's largest tire companies. It employs about 72,000 people and manufactures its products in 55 facilities in 23 countries around the world. Its two Innovation Centers in Akron, Ohio, and Colmar-Berg, Luxembourg, strive to develop state-of-the-art products and services that set the technology and performance standard for the industry. For more information about Goodyear and its products, go to www.goodyear.com/corporate.

 


 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/goodyear-names-ewald-vice-president-strategy-and-business-development-301358811.html

SOURCE The Goodyear Tire & Rubber Company

FAQ

What is the new position of Thad Ewald at Goodyear?

Thad Ewald has been appointed as vice president of Strategy and Business Development at Goodyear, effective August 23, 2021.

What experience does Thad Ewald bring to Goodyear?

Ewald brings significant expertise in strategy development from his prior role at Cummins, focusing on growth strategies and new technologies.

Who is Thad Ewald reporting to at Goodyear?

Thad Ewald will report to Darren Wells, the Executive Vice President and Chief Financial Officer of Goodyear.

What impact might Thad Ewald's hiring have on Goodyear's growth?

Ewald's hiring may enhance Goodyear's long-term strategic direction and growth opportunities in both traditional and emerging markets.

Goodyear Tire & Rubber

NASDAQ:GT

GT Rankings

GT Latest News

GT Stock Data

2.45B
262.80M
7.68%
86.94%
7.92%
Auto Parts
Tires & Inner Tubes
Link
United States of America
AKRON