Goodyear Names Boucharlat to Lead Global Commercial Business
AKRON, Ohio, May 15, 2025 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced that Grégory Boucharlat has been named senior vice president, Global Commercial. In this new role, Grégory will join the company's senior leadership team, with responsibility for the global strategic coordination of the company's Commercial tire business. Boucharlat will continue to lead Goodyear's Tires-as-a-Service (TaaS) organization as part of the company's Commercial operations. He will report directly to Mark Stewart, Goodyear Chief Executive Officer and President.
Since joining Goodyear more than 30 years ago, Boucharlat has been a key contributor to Goodyear's EMEA Commercial tire business, beginning in truck tire sales and holding various leadership roles of increasing responsibility during his tenure, including vice president, Commercial EU. Grégory expanded his scope by working globally, gaining significant knowledge of Goodyear's Commercial business beyond Europe in his most recent role as vice president, TaaS.
'Grégory brings to this new role proven abilities to drive innovation in our business and expand his leadership responsibility. He is well-positioned to have a fast start and ensure a seamless transition for our Commercial business. I have enormous confidence in his ability to lead our Commercial business on a global scale as our next step in creating a unified and aligned global company,' said Stewart.
Boucharlat's appointment is effective immediately. He will be based in Brussels.
About The Goodyear Tire & Rubber Company
Goodyear is one of the world's largest tire companies. It employs about 68,000 people and manufactures its products in 53 facilities in 20 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.
CONTACT:
DOUG GRASSIAN
330.796.3855
[email protected]
View original content to download multimedia: https://www.prnewswire.com/news-releases/goodyear-names-boucharlat-to-lead-global-commercial-business-302456104.html
SOURCE The Goodyear Tire & Rubber Company
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
21 minutes ago
- Yahoo
Cycurion Reports Financial Results for the First Quarter 2025
MCLEAN, Va., June 06, 2025 (GLOBE NEWSWIRE) -- Cycurion, Inc. (Nasdaq: CYCU) ('Cycurion' or the 'Company'), a trusted leader in IT cybersecurity solutions and AI, reports financial results for the first quarter ended March 31, 2025, and provides a corporate update. Financial Highlights Revenues of $3.9 million. Gross Profit of $677,673, up 95.4% year-over-year, with a 17.5% gross margin increase in the first quarter of 2025 compared to $346,714 (8.2% gross margin) in the first quarter of 2024, reflecting a focus on capturing and retaining more profitable business. Adjusted EBITDA of $245,062 (6.3% margin) in the first quarter of 2025 compared to $(68,803) in the first quarter of 2024, reflecting strong cost management coupled with both scalable operating leverage and an optimized service mix that included a higher proportion of enterprise clients and stronger government relationships, leading to a significant improvement in adjusted EBITDA in the first quarter of 2025. Net loss of $(10.2) million, consisting of $9.3 million in non-recurring pre-tax charges of non-cash stock compensation expenses and $1.2 million in merger-related expenses, compared to $(0.3) net loss in the first quarter of 2024. Net loss per share of $(0.56) basic and fully diluted that included the aforementioned non-recurring significant pre-tax charges, compared to $(0.02) in the first quarter of 2024. Q1 2025 and Recent Strategic, Technological and Corporate Milestones Listed and Began Trading on Nasdaq: Completed a business combination with Western Acquisition Ventures Corp. in February 2025 and had its shares of common stock listed on the Nasdaq Global Select Market. Broader Rollout of AI-driven SaaS ARx Cybersecurity Platform: High margin, AI-driven cybersecurity solutions have been instrumental in driving margin expansion, enhancing operational scale and strengthening Cycurion's market position, offering advanced capabilities to a wider array of clients. Strategic Partnerships Delivering Results: Long-term partnerships forged in both the public and private sectors are beginning to yield tangible revenue-generating opportunities. These collaborations validate Cycurion's go-to-market strategy and enhance its credibility within the industry. Notably, partnerships have already resulted positively. Includes SOC as Service, External Attack Surface Management, Web Application Firewall and Virtual CISO Support & Consulting. Backlog Reaching Record Levels: Witnessing a robust increase in its backlog of contracted work, which has reached record levels the first quarter of 2025, reflecting strong client demand for Cycurion's scalable solutions, indicating a positive outlook for future revenue streams. New Contracts: Secured a $22 million multi-year contract with State Police Agency. Management CommentaryKevin Kelly, Cycurion CEO, stated, 'As we look ahead, we remain optimistic about the continued demand for our high-margin services and innovative solutions. The company is committed to leveraging the growing client backlog and the success of the ARx platform to drive further growth. Additionally, our focus on nurturing strategic partnerships will be crucial in expanding our market presence and creating new revenue opportunities. Cycurion is poised for a strong 2025, driven by a strategic overhaul focused on sustainable growth and innovation. Over the past year, the company streamlined operations, significantly cutting General and Administrative (G&A) expenses while boosting gross profit for greater financial strength. We have invested heavily in AI-driven technology, sharpening its competitive edge. By pivoting away from low-margin clients to high-value opportunities, the Company has built a robust framework for organic growth while paving the way for expansion, entering 2025 with clear momentum and vision.' About CycurionBased in McLean, Virginia, Cycurion (Nasdaq: CYCU) is a forward-thinking provider of IT cybersecurity solutions and AI, committed to delivering secure, reliable, and innovative services to clients worldwide. Specializing in cybersecurity, program management, and business continuity, Cycurion harnesses its AI-enhanced ARx platform and expert team to empower clients and safeguard their operations. Along with its subsidiaries, Axxum Technologies LLC, Cloudburst Security LLC, and Cycurion Innovation, Inc., Cycurion serves government, healthcare and corporate clients with a commitment to securing the digital future. Forward Looking StatementsThis press release contains statements that are forward-looking statements as defined within the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements relating to the operations and prospective growth of Cycurion's business. Many factors could cause Cycurion's actual results, performance, or achievements to be materially different from any future results, performance, or achievements described in this press release, including words such as 'continue', 'expect', 'intend', 'will', 'hope', 'should', 'would', 'may', 'potential', and other similar expressions. Such factors could include, among others, those detailed in its Registration Statement on Form S-1 and in its Annual Report on Form 10-K, each as filed with the Securities and Exchange Commission (the 'SEC'). Should one or more of these risks or uncertainties materialize, or should the assumptions set out in the section entitled 'Risk Factors' in those filings with the SEC underlying those forward-looking statements prove incorrect, actual results may vary materially from those described herein. These forward-looking statements are made as of the date of this press release and Cycurion does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by law. Cycurion cannot assure that such statements will prove to be accurate as actual results, and future events could differ materially from those anticipated in such statements. Individuals are cautioned that forward-looking statements are not guarantees of future performance and, accordingly, investors are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty therein. Investor Contact:CORE IRinvestors@ Media Contact:Phone: (703) 555-0123Email: media@ Non-GAAP Financial MeasuresStatements in this release include financial information presented in accordance with accounting principles generally accepted in the United States ("GAAP") and also include non-GAAP financial measures that are provided as additional information to enhance the overall understanding of the Company's current financial performance and not as an alternative to the consolidated interim financial statements presented in accordance with GAAP. Management uses these non-GAAP measures (earnings before interest, taxes, depreciation, and amortization ("EBITDA"), Adjusted EBITDA, Adjusted EBITDA margin, Free Cash Flow) to evaluate the Company's financial performance. These terms might not be calculated in the same manner as, and thus might not be comparable to, similarly titled measures reported by other companies. The financial information tables that accompany this press release include reconciliations of net income to non-GAAP financial measures. EBITDA, Adjusted EBITDA and Adjusted EBITDA margin provide a measure of the Company's operating results in a manner that is focused on the performance of the Company's core business on an ongoing basis, by removing the effects of non-operating and certain non-cash expenses. These non-operating and non-cash items are specifically identified in the reconciliations of GAAP measures to non-GAAP measures that accompany this release. Free Cash Flow provides useful information to investors about the amount of cash generated by the business that can be used for strategic opportunities and is computed as Cash Flows from Operating Activities less both the Purchase of Property and Equipment & Purchase of Intangible Assets. CYCURION, INC. AND ITS SUBSIDIARIESRECONCILIATION OF GAPP TO NON-GAAP MEASURES (Unaudited) Quarter ended March 31, 2025 2024 Net income (loss) $ (10,248,486 ) $ (312,475 ) Provision for income taxes - - Interest expense 178,890 231,475 Depreciation of fixed assets 1,709 2,197 Amortization of software development costs 8,333 - Gain on settlement of debt (141,653 ) - EBITDA (non-GAAP measure) $ (10,201,207 ) $ (78,803 ) Stock compensation expense 9,250,000 10,000 Merger-related expense 1,196,269 - Adjusted EBITDA (non-GAAP measure) $ 245,062 $ (68,803 )Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
25 minutes ago
- Yahoo
Elon Musk vs. Trump: $34B Wipeout, Tesla Crashes, and Washington Turns Cold
Tesla (NASDAQ:TSLA) stock took a steep 14% dive Thursday, wiping $34 billion off Elon Musk's net worth after an unusually public brawl with President Donald Trump. It started with Musk calling for Trump's impeachment and hinting he's in the unreleased Epstein files. Trump fired back fast, threatening to cancel billions in federal contracts and EV subsidiesfinancial pillars for both Tesla and SpaceX, which have together received $22.5 billion from the U.S. government since 2000. At the heart of the fight? A new GOP tax bill that would gut EV credits seven years ahead of schedulecosting Tesla roughly $1.2 billion in profit, per JPMorgan. Trump accused Musk of turning hostile only after realizing his EV mandate would be scrapped. Musk hit back, denying any prior knowledge of the bill and slamming the mountain of disgusting pork packed inside. Meanwhile, allies like Bill Ackman (Trades, Portfolio) urged both men to step back. Musk responded, You're not wrong. Still, Trump's camp doubled down, even suggesting Musk's citizenship be revieweda move Steve Bannon says is overdue. Despite the fireworks, there's movement toward a ceasefire. Musk reversed his earlier threat to pull SpaceX's Dragon spacecraft from NASA missions and hinted at cooling tensions. A Friday call between Musk and the White House is reportedly in the works. But the damage may be done: a once-strategic alliance is now unraveling in real timeon X, in headlines, and across markets. And with Musk floating a third political party and slamming Trump's EV cuts, Tesla shareholders may be facing not just policy risk, but political risk. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
26 minutes ago
- Yahoo
Turtle Beach Corporation to Participate in Oppenheimer 25th Annual Consumer Growth and E-Commerce Conference
SAN DIEGO, June 06, 2025 (GLOBE NEWSWIRE) -- Turtle Beach Corporation (Nasdaq: TBCH), a leading gaming accessories brand, today announced that Cris Keirn, Chief Executive Officer, and Mark Weinswig, Chief Financial Officer, will virtually participate in the Oppenheimer 25th Annual Consumer Growth and E-Commerce Conference, on June 9-11. Chief Executive Officer Cris Keirn will host a fireside chat on Tuesday, June 10 at 11:15a.m. ET, and management will also be available for meetings during the conference. A live webcast of the event will be available through the 'Events & Presentations' section of TBCH's website at A replay of the webcast will be available on the investor relations website for 90 days. About Turtle Beach CorporationTurtle Beach Corporation (the 'Company') ( is one of the world's leading gaming accessory providers. The Company's namesake Turtle Beach brand ( is known for designing best-selling gaming headsets, top-rated game controllers, award-winning PC gaming peripherals, and groundbreaking gaming simulation accessories. Innovation, first-to-market features, a broad range of products for all types of gamers, and top-rated customer support have made Turtle Beach a fan-favorite brand and the market leader in console gaming audio for over a decade. Turtle Beach Corporation acquired Performance Designed Products LLC ( in 2024. Turtle Beach's shares are traded on the Nasdaq Exchange under the symbol: TBCH. Cautionary Note on Forward-Looking StatementsThis press release includes forward-looking information and statements within the meaning of the federal securities laws. Except for historical information contained in this release, statements in this release may constitute forward-looking statements regarding assumptions, projections, expectations, targets, intentions, or beliefs about future events. Statements containing the words 'may', 'could', 'would', 'should', 'believe', 'expect', 'anticipate', 'plan', 'estimate', 'target', 'goal', 'project', 'intend' and similar expressions, or the negatives thereof, constitute forward-looking statements. Forward-looking statements are only predictions and are not guarantees of performance. Forward-looking statements involve known and unknown risks and uncertainties, which could cause actual results to differ materially from those contained in any forward-looking statement. The inclusion of such information should not be regarded as a representation by the Company, or any person, that the objectives of the Company will be achieved. Forward-looking statements are based on management's current beliefs and expectations, as well as assumptions made by, and information currently available to, management. While the Company believes that its expectations are based upon reasonable assumptions, there can be no assurances that its goals and strategy will be realized. Numerous factors, including risks and uncertainties, may affect actual results and may cause results to differ materially from those expressed in forward-looking statements made by the Company or on its behalf. Some of these factors include, but are not limited to, risks related to trade policies, including the imposition of tariffs on imported goods and other trade restrictions, the release and availability of successful game titles, macroeconomic conditions affecting the demand for our products, logistic and supply chain challenges and costs, dependence on the success and availability of third-parties to manufacture and manage the logistics of transporting and distributing our products, the substantial uncertainties inherent in the acceptance of existing and future products, the difficulty of commercializing and protecting new technology, the impact of competitive products and pricing, general business and economic conditions, risks associated with the expansion of our business including the integration of any businesses we acquire and the integration of such businesses within our internal control over financial reporting and operations, our indebtedness, liquidity, and other factors discussed in our public filings, including the risk factors included in the Company's most recent Annual Report on Form 10-K, Quarterly Report on Form 10-Q, and the Company's other periodic reports filed with the Securities and Exchange Commission. Except as required by applicable law, including the securities laws of the United States and the rules and regulations of the Securities and Exchange Commission, the Company is under no obligation to publicly update or revise any forward-looking statement after the date of this release whether as a result of new information, future developments or otherwise. CONTACTS Investors:tbch@ Public Relations & Media:MacLean MarshallSr. Director, Global CommunicationsTurtle Beach Corporation(858)
