Mark Stewart Takes the Wheel at Goodyear: A Transition from Stellantis to CEO

The Goodyear Tire & Rubber Company revealed that Mark Stewart will step into the role of Chief Executive Officer (CEO) and President, effective January 29, 2024. Stewart, previously the Chief Operating Officer (COO) of North America at Stellantis, brings with him a wealth of experience in the automotive industry.

The outgoing CEO, Richard J. Kramer, who served the company for an impressive 24 years, including 14 as Chairman, CEO, and President, will pass the torch to Stewart upon his planned retirement.

Stewart, expressing his honor and excitement, said, “I am honored and humbled to join Goodyear at such a pivotal time in its history. 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.”

Before his tenure at Stellantis, Stewart held key roles at Amazon, where he served as Vice President of Customer Fulfillment. At Amazon, he led operations across 200 facilities in North America, overseeing areas such as procurement, construction, and engineering, while driving advancements in automation, artificial intelligence, robotics, and conveyance.

Expressing confidence in the transition, Laurette T. Koellner, Independent Lead Director of Goodyear’s Board, stated, “The Board is confident Mark is the ideal CEO for Goodyear as we continue executing against the Goodyear Forward plan. Mark is a seasoned automotive executive and proven operator, with a track record of driving innovation and commercial excellence.”

Outgoing CEO Richard J. Kramer thanked the associates, customers, and partners who contributed to Goodyear’s achievements during his 14-year tenure. Kramer said, “It has been an honor and privilege to lead this great company during my 14 years as CEO. I am proud of Goodyear’s progress and am forever grateful to our associates, our customers and our partners, without whom none of our achievements would have been possible. I look forward to working with Mark through the transition.”