Schmitz out as Goodyear cfo

AKRON, Ohio The Goodyear Tire & Rubber Company announced that Mark Schmitz, evp and cfo, has elected to leave the company to pursue other interests. Darren Wells, previously senior vp of finance and strategy, has been named to replace Schmitz as cfo effective immediately, according to Robert Keegan, chairman and ceo.

Schmitz served the company as cfo for the past 14 months. Wells was one of the key leaders and architects of the company's financial restructuring since joining the company from Visteon Corp. six years ago as Goodyear's vp and treasurer. Wells was promoted to senior vp business development and treasurer in May 2005, and to his most recent position in March 2007.