The Goodyear Tire & Rubber Co. has added to its board Prashanth Mahendra-Rajah, senior vice president, finance and chief financial officer of Analog Devices Inc.
Akron, Ohio-based Goodyear said Mahendra-Rajah, 51, has served as chief financial officer for Analog Devices, a $60 billion semiconductor manufacturer based in Boston, since 2017.
Previous to that, he was CFO for three years at WABCO, an automotive parts manufacturer and provider of electronic braking, stability and transmission systems for commercial vehicles. In that role, Mahendra-Rajah led several critical corporate acquisitions and guided the reshaping of the company's operations and value proposition, Goodyear said.
Mahendra-Rajah also has held finance positions of increasing responsibility at Applied Materials from 2012 to 2014 and Visa between 2010 and 2012. From 1998 to 2010, he served in a variety of finance, planning and analysis roles at United Technologies, including at the company's Pratt & Whitney, Carrier and UTC Fire & Security businesses.
"Prashanth's expertise in finance, analysis and strategic planning has made him a highly valued leader throughout his career,” Goodyear Chairman, President and Chief Executive Richard Kramer said in a statement. “Among his accomplishments as a senior executive, Prashanth has helped position global companies for transformative growth following mergers and acquisitions. His extensive background in technology industries combined with a general-manager mindset will be extremely valuable to Goodyear and its shareholders as the company focuses on future mobility."
Goodyear (Nasdaq: GT) employs about 72,000 people worldwide and manufactures its products in 54 facilities in 23 countries, including it two Innovation Centers in Akron, Ohio, and Colmar-Berg, Luxembourg.
