The biggest U.S. rubber company and the world's biggest tiremaker last week had one of the biggest management shifts in its 60-year history. Into the post of chairman of Akron's Goodyear Tire & Rubber Co. (1957 sales: $1.4 billion) stepped Edwin Joel Thomas, 59, president (since 1940), chief executive (since 1956 and longtime protege of Paul Weeks Litchfield, 83, who became honorary chairman of the board after 58 years with Goodyear. Up to president from executive vice president moved Russel De-Young, 49, the third president in a row to be tapped from the production ranks. Litchfield, one of the...
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