AKRON, Ohio, March 4, 2021 /PRNewswire/ -- Following the
company's recent announcement of its plans to acquire Cooper Tire,
The Goodyear Tire & Rubber Company (NASDAQ: GT) today
announced that Ryan Patterson,
currently president of its Asia
Pacific business unit, will lead the integration effort as
senior vice president, Business Integration. Nathaniel Madarang, currently managing director
of Goodyear China, will succeed Patterson as president of Goodyear
Asia Pacific.
"As one of Goodyear's most senior leaders, Ryan Patterson has the depth and experience to
lead the integration of our acquisition of Cooper Tire to maximize
benefits for our shareholders, customers, consumers and
associates," said Richard J. Kramer,
chairman, CEO and president. "Ryan is a market-back leader with
broad, global perspective. From his leadership roles in
Asia, North America and Latin America, he understands all aspects of
our business end-to-end, including manufacturing, is deeply
familiar with our customers and has served as the lead architect
for some of Goodyear's core go-to-market strategies."
"It is also a testament to Ryan's leadership in the Asia Pacific region that we have a strong
successor for his current role in Nat
Madarang. Nat is a customer-focused leader with deep
knowledge of the Asia Pacific
region and the tire industry. As the senior leader of our business
in China, Nat has been
instrumental in reshaping our distribution in this important market
and in designing and launching Goodyear's direct-to-retail business
model. The China market remains a
high priority for Goodyear, and Nat is extremely well-positioned to
drive growth there and throughout the region," said Kramer.
Prior to his role in Asia
Pacific, Patterson was president of Goodyear's North America
Consumer business, where he developed the company's consumer
strategy and its focus on high-value segments. He led the creation
and implementation of the company's aligned distribution model in
North America, and launched
goodyear.com, driving e-commerce sales for distributors and
dealers. Prior to his work in North
America, Patterson worked in several roles of increasing
responsibility in Latin America
since joining the company in 2002. He is a graduate of Brigham Young University, where he earned his
bachelor's degree in Accounting, and Harvard
Business School, where he earned his MBA.
Madarang has been with Goodyear since 2008. Prior to his role as
managing director of Goodyear China, he was vice president of
Finance for Goodyear's Asia
Pacific business, and prior to that, vice president of
Goodyear's China Consumer business and finance director for
Goodyear China. Prior to joining Goodyear, he served in several
leadership roles for Procter & Gamble in China and ASEAN.
Both appointments are effective immediately.
About The Goodyear Tire & Rubber Company
Goodyear is one of the world's largest tire companies. It
employs about 62,000 people and manufactures its products in 46
facilities in 21 countries around the world. Its two Innovation
Centers in Akron, Ohio, and
Colmar-Berg, Luxembourg, strive to
develop state-of-the-art products and services that set the
technology and performance standard for the industry. For more
information about Goodyear and its products, go to
www.goodyear.com/corporate.
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SOURCE The Goodyear Tire & Rubber Company