Goodyear CEO History

GOODYEAR CEO HISTORY: FROM HILL TO STEWART

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LIST OF PRESIDENTS & CEOS OF GOODYEAR TIRE AND RUBBER COMPANY

  • David E. Hill (1898-1899)
  • Raymond C. Penfield (1899-1900)
  • Lucius C. Miles (1900-1906)
  • Frank Seiberling (1906-1921)
  • Edward Wilmer (1921-1923)
  • George Stadelman (1923-1926)
  • Paul Weeks Litchfield (1926-1956)
  • Edwin Thomas CEO (1956-1964)
  • Russell DeYoung (1964-1974)
  • Charles J. Pilliod Jr. (1974-1983)
  • Robert Mercer (1983-1989)
  • Tom Barrett (1989-1991)
  • Stanley Gault (1991-1996)
  • Sam Gibara (1996-2003)
  • Robert Keegan (2003-2010)
  • Richard Kramer (2010-2024)
  • Mark Stewart (2024-present)

DAVID E. HILL

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David E. Hill led Goodyear as its first president from 1898 to 1899, investing $30,000 in the company's initial stock.

While records confirm his role in establishing the company and launching production, we couldn’t find any information further about his leadership or why he left the position.

RAYMOND C. PENFIELD

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During his presidency from 1899 to 1900, Raymond C. Penfield led Goodyear to its first profitable year.

As Frank Seiberling's brother-in-law and an original stockholder, Penfield expanded the company's focus to include automobile tires.

Goodyear achieved sales of $508,597 and profits of $34,620.

LUCIUS C. MILES

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From 1900 to 1906, Lucius C. Miles led Goodyear through pivotal developments.

Paul Litchfield secured the company's first tubeless tire patent in 1903, which was a breakthrough in automotive technology.

Yet the loss of the Tillinghast bicycle tire license forced Goodyear to reshape its production approach.

FRANK SEIBERLING (CO-FOUNDER OF GOODYEAR)

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In 1898, Frank Seiberling and his brother Charles founded The Goodyear Tire & Rubber Company, launching the company with $100,000 in capital.

Frank stepped into leadership roles as secretary and general manager, positions he held from 1906 to 1921.

Under Frank, Goodyear expanded beyond U.S. borders, establishing its first international plant in Bowmanville, Ontario in 1910.

The company's growth accelerated rapidly—by 1917, sales crossed the $100 million threshold.

The early 1920s brought financial hard times to Goodyear, forcing a corporate restructuring.

The crisis culminated in 1921 when both Frank and Charles Seiberling stepped down from their positions, ending their two-decade tenure at the company's helm.

EDWARD WILMER

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In 1921, Edward Wilmer took the helm at Goodyear when the company faced mounting debts.

As president, this Milwaukee attorney and investment expert focused on rebuilding the company's financial foundation through debt restructuring and organizational changes.

GEORGE STADELMAN

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During his presidency from 1923 to 1926, George Stadelman led Goodyear through pivotal innovations in tire technology.

The company launched balloon tires and expanded its pneumatic truck tire business, both made possible by the breakthrough development of Supertwist cord.

PAUL WEEKS LITCHFIELD

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As Goodyear's leader from 1926 to 1956, P.W. Litchfield transformed the company through strategic expansion and technological innovation.

He secured rubber plantations to control raw materials, built factories across continents, and partnered with Zeppelin to enter the airship market.

Litchfield led Goodyear through the Great Depression and World War II.

His tenure yielded crucial advances in materials and design:

  • synthetic rubber freed the company from natural rubber dependence
  • foam padding revolutionized vehicle safety
  • and tubeless tires redefined industry standards

EDWIN THOMAS

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Under Edwin Thomas's leadership from 1956 to 1964, Goodyear transformed from a tire manufacturer into a diversified industrial force.

The company launched the Captive-Air Safety Shield tire while establishing manufacturing plants across three continents:

  • Asia (Philippines)
  • South America (Venezuela)
  • Europe (Scotland)

Through its newly formed Goodyear Aircraft division, the company ventured into aerospace, developing plans for orbital stations and human spaceflight.

Thomas also reformed workplace policy by lowering the mandatory retirement age, shifting how the firm treated its employees.

RUSSELL DEYOUNG

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Under Russell DeYoung from 1964 to 1974, Goodyear transformed from an earthbound tire maker into a pioneer of both automotive and aerospace innovation.

The company doubled its sales performance, reaching the $2 billion mark in 1967—just 13 years after hitting its first billion.

DeYoung pushed Goodyear to master radial-ply tire technology, making these advanced tires available to every major automaker.

His drive for innovation created the Custom Wide Tread Polyglas tire, reshaping industry standards.

Perhaps most remarkably, DeYoung steered Goodyear beyond terrestrial limits—the company's tires left tracks on lunar soil during Apollo 14's 1971 mission—humanity's first tire prints on another world!

CHARLES J. PILLIOD JR.

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Under Charles Pilliod Jr.'s tenure from 1974 to 1983, Goodyear faced two threats:

  • soaring oil prices
  • fierce competition from overseas tire makers

Pilliod bet the company's future on a bold infrastructure upgrade, pouring resources into facilities and equipment to manufacture radial tires.

Though doubters questioned this massive investment, the shift to radial tire production proved essential to Goodyear's survival and growth as the tire industry changed.

ROBERT MERCER

Source: Robert Mercer

During his time as chairman and CEO from 1983 to 1989, Robert Mercer reshaped Goodyear through decisive action.

He expanded the company by acquiring Celeron Corporation, a natural gas enterprise, while trimming away peripheral businesses after fending off British financier James Goldsmith's hostile takeover bid in 1986.

Goodyear strengthened its core tire business, launching two breakthrough products:

  • the wet-weather Aquatred tire
  • the high-performance Eagle VR50, designed for the Chevrolet Corvette

TOM BARRETT

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Tom Barrett led Goodyear for two years, taking over as president, chairman, and CEO from Robert Mercer in 1989.

Goodyear expanded its manufacturing reach, building new facilities in Napanee, Ontario and upgrading existing operations in Dayton, Ohio.

Industry pressures forced Barrett's retirement in 1991.

STANLEY GAULT

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During his 1991-1996 leadership of Goodyear, Stanley Gault made some big changes for the company via decisive restructuring.

He sold non-essential divisions like Goodyear Aerospace and the All American Pipeline while consolidating manufacturing plants into a leaner operation.

His stringent cost-cutting eliminated 12,000 positions—a painful but necessary measure that strengthened Goodyear's market position and financial health, particularly in global tire sales.

SAM GIBARA

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Under Sam Gibara's leadership from 1996 to 2003, Goodyear went from a major tire manufacturer into the industry's global leader.

His strategic moves reshaped the company's reach and capabilities.

The landmark joint venture with Sumitomo Rubber Industries vaulted Goodyear to the top position among world tire makers.

Gibara pushed expansion aggressively, acquiring Dunlop's European tire business and building new plants in the growing markets of China and Brazil.

His tenure also brought significant setbacks.

Workers walked out during a bitter United Steelworkers strike in 2000, disrupting production.

The company's stock declined steadily, eroding shareholder confidence.

ROBERT KEEGAN

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Robert Keegan led Goodyear through a crisis from 2003 to 2010.

As CEO, he cut costs, strengthened manufacturing, and lifted product standards when the company struggled.

His team created breakthrough tires—the Assurance TripleTred and ComforTred—while pushing into growing markets worldwide.

When a union strike hit in 2006 and markets crashed in 2008, Keegan led Goodyear through the turbulence, rebuilding its foundation for sustained success.

RICHARD KRAMER

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Richard Kramer led Goodyear as CEO from 2010 to 2024, steering the company through industry shifts that demanded new technologies and business relationships.

He pushed the company to create innovative products like the all-weather Assurance WeatherReady tire and experimental designs like the spherical Eagle 360.

When COVID-19 disrupted global business, Kramer adapted operations while maintaining focus on Goodyear's core mission.

He recognized early that electric and self-driving vehicles would reshape transportation, forming strategic bonds with autonomous trucking company TuSimple and robotics firm Starship Technologies.

These partnerships positioned Goodyear to serve emerging mobility needs while sustaining its traditional tire business.

MARK STEWART

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Mark Stewart became Goodyear's CEO and President in 2024, taking over from Richard Kramer.

Stewart inherits leadership of a company facing significant industry changes, particularly in electric vehicles, autonomous driving, and shared mobility services.

While his specific initiatives remain undefined in these early months, his core challenge is clear:

  • maintaining Goodyear's strength in tire manufacturing
  • adapting to fundamental shifts in how people use and buy vehicles

His success will depend on how effectively he guides Goodyear's research, manufacturing, and business strategy to meet these emerging market demands.

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