Goodyear reshuffles executive team at “pivotal” time

Akron, Ohio – Goodyear Tire & Rubber Co. has announced a reshuffle in its executive team with the introduction of the new position of chief administrative officer.

Effective 1 Jan 2023, Christina Zamarro will take on the role of executive vice president (EVP) and chief financial officer, reporting to chairman, CEO and president Richard Kramer.

Zamarro will succeed Darren Wells, who will become EVP and chief administrative officer, added Goodyear's 14 Dec announcement.

As CFO, Zamarro will lead Goodyear’s global finance organisation and oversee all aspects of the company’s corporate finances, including treasury, investor relations, accounting, audit and financial planning & analysis.

She joined Goodyear in 2007 from Ford Motor Co. and has played “key roles” in strengthening Goodyear’s financial strategy, treasury and investor relations functions, and was most recently VP finance and treasurer.

Zamarro "has long been an integral member of our finance leadership team, bringing a deep knowledge of our company and demonstrating the ability to navigate our industry in a complex business environment,” said Kramer.

Meanwhile, Wells is to focus on leading Goodyear’s business strategy and growth agenda, explained Kramer, noting that “this is a pivotal time in Goodyear’s history."

"I look forward to continuing to partner with Darren, leveraging his deep knowledge… as we chart a course to deliver Goodyear’s near-term and long-term strategic objectives,” commented Kramer.

Wells joined Goodyear in 2002 as VP and treasurer, progressing through a series of finance leadership roles to become chief financial officer.

He later served as president of Goodyear’s Europe, Middle East and Africa business for two years before leaving Goodyear for a stint as executive in residence at the University of South Florida.

He rejoined Goodyear as executive vice president and CFO in 2018.

In addition to the two appointments, Goodyear also announced that Jordan Coughlin, previously assistant treasurer, capital markets, will become VP and treasurer, also on 1 Jan 2023.

Goodyear’s investor relations function will continue to be led by Christian Gadzinski, senior director, investor relations.