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AKRON, Ohio - The Goodyear Tire & Rubber Company (NASDAQ: GT) announced on Thursday the addition of Jason J. Winkler, the executive vice president and chief financial officer of Motorola Solutions, to its Board of Directors. Winkler’s appointment, effective as of May 15, 2025, positions him on the board’s Audit Committee and Committee on Corporate Responsibility and Compliance.
Chairman of the Board Laurette T. Koellner expressed confidence in Winkler’s appointment, citing his "extensive global finance leadership experience" as a valuable contribution to Goodyear’s strategic initiatives, including the Goodyear Forward transformation plan aimed at expanding margins, optimizing the portfolio, and reducing leverage. According to InvestingPro data, this transformation is crucial as the company currently operates with a debt-to-equity ratio of 1.83 and faces cash flow challenges, with negative free cash flow in the last twelve months.
Winkler’s career at Motorola Solutions began in 2001, where he has since held a variety of financial leadership roles, including overseeing investor relations, global channel management, mergers and acquisitions, and product operations. His responsibilities have extended to managing the company’s financial strategy and the finance, supply chain, and information technology functions. His efforts are recognized for contributing to Motorola Solutions’ growth and shareholder returns.
Prior to his tenure at Motorola, Winkler gained experience at Oracle and Hewitt Associates, now known as AON. His academic credentials include a bachelor’s degree in business administration from Valparaiso University and an MBA from the University of Chicago’s Booth School of Business.
Goodyear, one of the largest tire manufacturers globally, operates 53 facilities in 20 countries and employs approximately 68,000 people. The company is known for its Innovation Centers in Akron, Ohio, and Colmar-Berg, Luxembourg, which focus on developing advanced products and services for the industry.
This board appointment comes as Goodyear continues to navigate the competitive tire industry and seeks to strengthen its financial and strategic position. The information is based on a press release statement from The Goodyear Tire & Rubber Company.
In other recent news, The Goodyear Tire & Rubber Company reported its first-quarter earnings for 2025, revealing an adjusted loss per share of $0.04, missing the forecasted $0.05. The company’s revenue also fell short of expectations, totaling $4.3 billion against the anticipated $4.42 billion. Despite these challenges, Goodyear recorded a net income of $115 million, largely due to a $260 million gain from the sale of its OTR business. In another development, Goodyear launched the Eagle F1 Asymmetric 6 tire, which has been recognized as the 2025 Test Winner by AutoBild Magazine. This tire targets the ultra-high-performance segment and is available in over 100 sizes, catering to a variety of vehicles, including SUVs and electric vehicles. Goodyear also announced the appointment of Grégory Boucharlat as the new senior vice president of Global Commercial, aiming to streamline its global operations. The company continues to focus on premium segments and product innovation, despite facing challenges such as tariff impacts and market uncertainty. Additionally, Goodyear is progressing with asset sales and factory modernization as part of its strategic initiatives.
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