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Goodyear names Norma Clayton to board

The Goodyear Tire & Rubber Company today announced the election of Norma B. Clayton to its Board of Directors, effective Nov. 28, 2022.
“We are very pleased to welcome Norma Clayton to Goodyear’s Board of Directors,” said Chairman, Chief Executive Officer and President Richard J. Kramer. “Norma’s global leadership experience in manufacturing, operations, technology, innovation and human resources will be invaluable to Goodyear and its shareholders as we build our business and fulfill our role of enabling mobility in a fast-evolving industry.”

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Tenneco to supply intelligent suspension, anti-vibration performance materials solutions for Rivian vehicles

Tenneco has been selected to provide intelligent suspension and anti-vibration performance materials solutions for U.S.-based electric-vehicle manufacturer Rivian Automotive. Tenneco’s CVSA2/Kinetic® H2 semi-active suspension technology part of the Monroe® Intelligent Suspension product portfolio and NVH performance materials Clevite® elastomers, will be featured in the all-electric Rivian R1T five-passenger pickup and R1S seven-passenger sport utility vehicle.

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Cabot reports positive fourth quarter, fiscal year and announces dividend

Sean Keohane, Cabot President and Chief Executive Officer commented: “This was an exceptional year in both financial results and strategic progress. Our teams around the world did a fantastic job navigating a challenging macroeconomic environment. We delivered record 2022 adjusted earnings per share that exceeded our prior year performance by 25 percent. Both segments delivered double digit year-over-year EBIT growth, and growth in Battery Materials continues to outpace the market. In addition, discretionary free cash flow reached a historical high of $395 million in the fiscal year, and we paid $84 million in dividends to shareholders and repurchased shares totaling $53 million.”

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