Goodyear Taps Visteon CFO Jerome Rouquet as Finance Chief
GT is trading near its 52-week low of $4.09 (7.1% above the low).
Summary
Goodyear named Jerome Rouquet, currently CFO of Visteon, as its new EVP and CFO effective December 1, 2026, ending the interim arrangement. The hire lands at a rough stretch: the company posted a $204 million Q2 loss, flagged $425 million of intangible assets at risk of impairment, and is closing chemical plants in Niagara Falls and Bayport with about 85 jobs cut. It also follows the October 1 resignation of VP and Controller Margaret Snyder, so the finance bench has been in flux. Rouquet inherits a balance sheet under pressure and a cost-cutting program already in motion. Visteon (CFO) loses its finance chief to a smaller, distressed peer; the impact there is modest relative to Goodyear's.
At the time of this announcement, GT was trading at $4.38 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $1.3B. The 52-week trading range was $4.09 to $10.62. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Seeking Alpha.