Goodyear Appoints Travis Parman as Chief Communications Officer
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 21 2026
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Should l Buy GT?
Goodyear Tire announced that Travis Parman has joined the company as Chief Communications Officer. Parman has held senior communications leadership roles at companies including Nissan Motor Corporation, General Motors, Renault Group, Ally Bank and most recently at PMI U.S.
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Analyst Views on GT
Wall Street analysts forecast GT stock price to rise
5 Analyst Rating
3 Buy
1 Hold
1 Sell
Moderate Buy
Current: 6.860
Low
7.30
Averages
9.86
High
13.00
Current: 6.860
Low
7.30
Averages
9.86
High
13.00
About GT
The Goodyear Tire & Rubber Company is a tire company. It develops, manufactures, distributes and sells tires for most applications. It also operates commercial truck service and tire retreading centers. The Company operates approximately 800 retail outlets where it offers its products for sale to consumer and commercial customers and provides repair and other services. It manufactures its products in 51 manufacturing facilities in 19 countries. Its segments represent its regional tire businesses: the Americas, Europe, Middle East and Africa (EMEA), and Asia Pacific. It manufactures and sells numerous lines of rubber tires for automobiles, trucks, buses, aircraft, motorcycles, earthmoving and mining equipment, farm implements, industrial equipment, and various other applications. Its brands include Goodyear, Cooper, Kelly Tires, Mastercraft Tires, Mickey Thompson, Roadmaster, Debica, Sava, Fulda, Avon Tyres, and Sava, among others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Goodyear Q1 2026 Earnings Call Insights
- Performance in Line: Goodyear reported Q1 sales of $3.9 billion, down approximately 9% year-over-year with a 12% decline in unit volume, indicating alignment with expectations but facing cost pressures from the Middle East conflict, which is projected to increase raw material costs by $200 million in the second half, impacting profitability.
- Market Share Gains: The company grew its original equipment market share by about 2 points in the Americas, while achieving its ninth consecutive quarter of market share growth in EMEA, demonstrating strategic effectiveness in rationalizing low-margin non-core brands and optimizing its product portfolio.
- Cost Management Actions: Goodyear generated $107 million in SOI benefits during Q1, with management emphasizing ongoing profit-enhancing actions and reducing capital expenditures to $725 million to navigate the uncertain market environment and rising raw material costs.
- Cautious Outlook: While expecting improved volumes in Q2, management remains cautious due to demand volatility stemming from the Middle East conflict, stressing continued focus on price and product mix optimization to address potential market challenges.
See More
Goodyear Reports Q1 2026 Results Amidst Challenging Market Conditions
- Sales Decline: Goodyear's Q1 2026 net sales reached $3.9 billion, down 8.8% year-over-year, primarily due to weak consumer demand and the sale of its Chemical business, highlighting the challenging market environment.
- Widening Net Loss: The company reported a net loss of $249 million for the first quarter, translating to a loss of $0.86 per share, a stark contrast to last year's net income of $115 million and earnings of $0.40 per share, reflecting significant cost pressures and declining volumes.
- Regional Performance Variance: The Americas segment saw a 17.5% drop in sales, while EMEA reported a 6.7% increase, indicating differing market dynamics that necessitate strategic adjustments by Goodyear to address regional challenges.
- Cost Control Initiatives: Despite rising raw material costs and demand pressures, Goodyear anticipates delivering further savings through effective cost transformation measures, demonstrating the company's resilience in navigating adversity.
See More
Goodyear Launches Global Campaign 'Fast Is In Us' to Reinforce Eagle Tire Legacy
- Brand Revival Strategy: Goodyear launched the 'Fast Is In Us' global campaign at the Kentucky Derby to re-establish the legendary status of Eagle tires, emphasizing their significance in performance driving, thereby attracting consumers who demand high-performance tires.
- Market Growth Potential: With the performance car market expanding, CEO Mark Stewart highlighted that Eagle tires, backed by over four decades of credibility, can meet the desires of a new generation of drivers for high-performance tires, further solidifying their market leadership.
- Diverse Promotion Channels: The campaign will be promoted through various channels including TV, out-of-home advertising, digital media, and social platforms, with plans for a multi-year rollout aimed at placing Eagle tires at the center of global performance culture.
- Cultural Integration and Event Participation: Goodyear will integrate 'Fast Is In Us' with major global events like the 24 Hours of Le Mans, reinforcing the brand's connection to performance culture and ensuring Eagle tires remain a significant presence in the minds of performance drivers.
See More
Goodyear Launches Global Campaign 'Fast Is In Us'
- Brand Revival Strategy: Goodyear launched the 'Fast Is In Us' global campaign at the Kentucky Derby, aiming to reshape the Eagle tire brand image and emphasize its legendary status in performance driving, which is expected to attract more high-performance car enthusiasts and drive sales growth.
- Market Demand Insight: CEO Mark Stewart noted that the performance car market is growing, with drivers wanting tires worth bragging about; with over four decades of racing credibility, Eagle tires are poised to play a significant role in this trend, further solidifying Goodyear's leadership in the premium tire market.
- Diverse Promotion Channels: The campaign will be promoted through various channels including TV, out-of-home advertising, digital media, and social platforms, with plans for a multi-year rollout aimed at making Eagle tires the centerpiece of performance culture, enhancing brand awareness and market share.
- Global Cultural Integration: Goodyear will integrate the campaign with major racing events like the 24 Hours of Le Mans globally, using this opportunity to remind performance drivers of the value of Eagle tires, which is expected to enhance brand loyalty and attract new customers.
See More
Goodyear to Report Q1 2026 Financial Results
- Earnings Release Schedule: Goodyear will report its Q1 2026 financial results after market close on May 6, followed by a conference call at 8:30 a.m. Eastern time on May 7, providing insights into its financial performance and future outlook.
- Investor Website Update: The company will publish its earnings release and an additional presentation on its investor website, ensuring that investors have timely access to key information, thereby enhancing transparency and communication efficiency.
- Conference Call Access: Investors can join the conference call by dialing (800) 579-2543 or (785) 424-1789 before 8:25 a.m. and providing the conference ID “Goodyear,” allowing for participation in discussions and inquiries.
- Global Business Overview: Goodyear is one of the world's largest tire companies, employing approximately 63,000 people and manufacturing products in 49 facilities across 19 countries, showcasing its leadership position and technological innovation in the industry.
See More
Goodyear Appoints New Chief Communications Officer
- Executive Appointment: Goodyear Tire & Rubber Company has appointed Travis Parman as Chief Communications Officer, reporting directly to CEO Mark Stewart, aiming to enhance the company's global communication capabilities and strengthen brand image and market positioning.
- Strategic Focus: Parman will concentrate on sharing the company's transformation journey and supporting Goodyear's business strategy to become a leader in tires and services, reflecting the company's commitment to operational excellence and sustainable growth.
- Rich Experience: Parman brings extensive experience in leading communications for complex global organizations, having held senior roles at Nissan, General Motors, Renault, Ally Bank, and PMI U.S., effectively connecting strategy and performance.
- Global Impact: With 49 manufacturing facilities across 19 countries and approximately 63,000 employees, Parman's addition is expected to further enhance Goodyear's influence and competitiveness in the global market.
See More
Goodyear Q1 2026 Earnings Call Insights
- Performance in Line: Goodyear reported Q1 sales of $3.9 billion, down approximately 9% year-over-year with a 12% decline in unit volume, indicating alignment with expectations but facing cost pressures from the Middle East conflict, which is projected to increase raw material costs by $200 million in the second half, impacting profitability.
- Market Share Gains: The company grew its original equipment market share by about 2 points in the Americas, while achieving its ninth consecutive quarter of market share growth in EMEA, demonstrating strategic effectiveness in rationalizing low-margin non-core brands and optimizing its product portfolio.
- Cost Management Actions: Goodyear generated $107 million in SOI benefits during Q1, with management emphasizing ongoing profit-enhancing actions and reducing capital expenditures to $725 million to navigate the uncertain market environment and rising raw material costs.
- Cautious Outlook: While expecting improved volumes in Q2, management remains cautious due to demand volatility stemming from the Middle East conflict, stressing continued focus on price and product mix optimization to address potential market challenges.
See More
Goodyear Reports Q1 2026 Results Amidst Challenging Market Conditions
- Sales Decline: Goodyear's Q1 2026 net sales reached $3.9 billion, down 8.8% year-over-year, primarily due to weak consumer demand and the sale of its Chemical business, highlighting the challenging market environment.
- Widening Net Loss: The company reported a net loss of $249 million for the first quarter, translating to a loss of $0.86 per share, a stark contrast to last year's net income of $115 million and earnings of $0.40 per share, reflecting significant cost pressures and declining volumes.
- Regional Performance Variance: The Americas segment saw a 17.5% drop in sales, while EMEA reported a 6.7% increase, indicating differing market dynamics that necessitate strategic adjustments by Goodyear to address regional challenges.
- Cost Control Initiatives: Despite rising raw material costs and demand pressures, Goodyear anticipates delivering further savings through effective cost transformation measures, demonstrating the company's resilience in navigating adversity.
See More
Goodyear Launches Global Campaign 'Fast Is In Us' to Reinforce Eagle Tire Legacy
- Brand Revival Strategy: Goodyear launched the 'Fast Is In Us' global campaign at the Kentucky Derby to re-establish the legendary status of Eagle tires, emphasizing their significance in performance driving, thereby attracting consumers who demand high-performance tires.
- Market Growth Potential: With the performance car market expanding, CEO Mark Stewart highlighted that Eagle tires, backed by over four decades of credibility, can meet the desires of a new generation of drivers for high-performance tires, further solidifying their market leadership.
- Diverse Promotion Channels: The campaign will be promoted through various channels including TV, out-of-home advertising, digital media, and social platforms, with plans for a multi-year rollout aimed at placing Eagle tires at the center of global performance culture.
- Cultural Integration and Event Participation: Goodyear will integrate 'Fast Is In Us' with major global events like the 24 Hours of Le Mans, reinforcing the brand's connection to performance culture and ensuring Eagle tires remain a significant presence in the minds of performance drivers.
See More
Goodyear Launches Global Campaign 'Fast Is In Us'
- Brand Revival Strategy: Goodyear launched the 'Fast Is In Us' global campaign at the Kentucky Derby, aiming to reshape the Eagle tire brand image and emphasize its legendary status in performance driving, which is expected to attract more high-performance car enthusiasts and drive sales growth.
- Market Demand Insight: CEO Mark Stewart noted that the performance car market is growing, with drivers wanting tires worth bragging about; with over four decades of racing credibility, Eagle tires are poised to play a significant role in this trend, further solidifying Goodyear's leadership in the premium tire market.
- Diverse Promotion Channels: The campaign will be promoted through various channels including TV, out-of-home advertising, digital media, and social platforms, with plans for a multi-year rollout aimed at making Eagle tires the centerpiece of performance culture, enhancing brand awareness and market share.
- Global Cultural Integration: Goodyear will integrate the campaign with major racing events like the 24 Hours of Le Mans globally, using this opportunity to remind performance drivers of the value of Eagle tires, which is expected to enhance brand loyalty and attract new customers.
See More
Goodyear to Report Q1 2026 Financial Results
- Earnings Release Schedule: Goodyear will report its Q1 2026 financial results after market close on May 6, followed by a conference call at 8:30 a.m. Eastern time on May 7, providing insights into its financial performance and future outlook.
- Investor Website Update: The company will publish its earnings release and an additional presentation on its investor website, ensuring that investors have timely access to key information, thereby enhancing transparency and communication efficiency.
- Conference Call Access: Investors can join the conference call by dialing (800) 579-2543 or (785) 424-1789 before 8:25 a.m. and providing the conference ID “Goodyear,” allowing for participation in discussions and inquiries.
- Global Business Overview: Goodyear is one of the world's largest tire companies, employing approximately 63,000 people and manufacturing products in 49 facilities across 19 countries, showcasing its leadership position and technological innovation in the industry.
See More
Goodyear Appoints New Chief Communications Officer
- Executive Appointment: Goodyear Tire & Rubber Company has appointed Travis Parman as Chief Communications Officer, reporting directly to CEO Mark Stewart, aiming to enhance the company's global communication capabilities and strengthen brand image and market positioning.
- Strategic Focus: Parman will concentrate on sharing the company's transformation journey and supporting Goodyear's business strategy to become a leader in tires and services, reflecting the company's commitment to operational excellence and sustainable growth.
- Rich Experience: Parman brings extensive experience in leading communications for complex global organizations, having held senior roles at Nissan, General Motors, Renault, Ally Bank, and PMI U.S., effectively connecting strategy and performance.
- Global Impact: With 49 manufacturing facilities across 19 countries and approximately 63,000 employees, Parman's addition is expected to further enhance Goodyear's influence and competitiveness in the global market.
See More
