The Goodyear Tire & Rubber Co. has announced that Laura Thompson, executive vice president and chief financial officer (CFO), has informed the company of her intention to retire in the first quarter of 2019, after 35 years of distinguished service with the tiremaker.
Thompson joined Goodyear in 1983 and served in a range of key finance and business roles of increasing responsibility during her career, culminating in her current appointment as executive vice president and CFO in 2013. Prior to that, she played a key role in the turnaround of Goodyear’s North America business as vice president of finance. Earlier, she led business development and investor relations for the company.
“We extend our sincere gratitude to Laura for the outstanding leadership she has provided throughout her career,” said Richard Kramer, chairman, CEO and president. “Our entire company – from our business units to our finance teams – has benefited from her substantial contributions to making Goodyear a strong competitor in our industry. Laura has left an indelible mark on our company and everyone she has worked with in her time at Goodyear.”
“As I look ahead to marking 35 years with Goodyear in the coming months, I have given this decision a great deal of thought and concluded that the time is right for me to take this step,” said Thompson. “I’m grateful to have had such a long and fulfilling career at this great company and I’m confident that we have the right strategy and team to drive our business forward.”
Goodyear says it has begun an executive search for Thompson’s successor.