StockWatch
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Automotive Aftermarket
Management ChangeNov 5, 2026, 04:38 PM

Goodyear Appoints David E. Phillips EVP, Chief Legal Officer

AI Summary

The Goodyear Tire & Rubber Company announced the appointment of David E. Phillips as Executive Vice President, Chief Legal Officer and Head of Enterprise Transformation, effective November 1, 2026. In his new role, Mr. Phillips will receive an annual base salary of $850,000 and will continue to participate in the Company’s Executive Annual Incentive Plan with an updated annual target of $850,000. Additionally, the Human Capital and Compensation Committee is expected to approve a restricted stock unit grant valued at $1,250,000.

Key Highlights

  • David E. Phillips appointed Executive Vice President, Chief Legal Officer and Head of Enterprise Transformation.
  • Phillips' new annual base salary is $850,000.
  • Phillips' updated annual incentive target is $850,000.
  • Phillips is expected to receive a restricted stock unit grant valued at $1,250,000 in February 2027.