Goodyear Tire & Rubber: elects VP and controller, salary $375,000

What happened

• The filing says that on Oct 1, 2026, The Goodyear Tire & Rubber Company filed a Current Report on Form 8-K announcing the election of Stephen F. Shamrock as vice president and controller, effective Oct 16, 2026.
• The Company is filing this Form 8-K/A to provide information on changes to Mr. Shamrock’s compensation in connection with his election. On Oct 5, 2026, the Company’s Human Capital and Compensation Committee approved changes to Mr. Shamrock’s compensation.

Key details

• Annual base salary: $375,000.
• Executive Annual Incentive Plan target annual incentive: $225,000.
• Additional long-term incentive grant with a value of $220,000 under the Company’s 2022 Performance Plan, composed of restricted stock units, performance share units and cash-settled performance units.
• Mr. Shamrock will participate in the Executive Severance and Change in Control Plan, the Defined Contribution Excess Benefit Plan and other officer and associate benefit plans.

Why it may matter

• This report was filed under Item 5.02 (departure of directors or certain officers; election of directors) and covers the appointment of an officer and the related compensation arrangements disclosed by the company. A filing does not show why the insider traded or why the company acted.