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You are here: Home1 / News2 / Career Tracks3 / Kramer Takes Over as Goodyear President and CEO

Kramer Takes Over as Goodyear President and CEO

Date: 13th April 2010 Author: Admin Comments: 0

Former COO Richard J. Kramer has taken over as president and chief executive officer of The Goodyear Tire & Rubber Company. Kramer, who becomes the 19th president since the company’s foundation in 1898, follows Robert J. Keegan who remains with the company as executive chairman.

Speaking at Goodyear’s 2010 Annual Shareholder Meeting, Kramer described the tyre industry as one of very few industries that has been and remains a growth industry after more than 100 years: “I am privileged to lead a team whose dedication to Goodyear and commitment to success is second to none,” he said, thanking Keegan and the board of directors for their confidence in electing him to lead the company.

“When I think about the true measure of Bob’s leadership and the resulting success since he became CEO, I ask myself two questions: Is Goodyear in better shape today as a company? And, is Goodyear better positioned for the future? The answer to both of those questions is an unequivocal yes.” Kramer described Keegan as “a passionate competitor whose contributions as CEO have helped reshape an entire industry.”

Kramer previously served Goodyear as its chief operating officer since June 2009 and spent three years leading the company’s North American Tire business with a focus on customers and new product and process innovation. Prior to that, he spent three years as executive vice president and chief financial officer. Kramer joined Goodyear as vice president of corporate finance in 2000. He was named senior vice president of strategy in 2003 where he began developing Goodyear’s strategy with Keegan. Prior to joining Goodyear, Kramer spent 13 years with PricewaterhouseCoopers LLP where he served in a variety of roles in the United States and Europe, ultimately as partner. A Cleveland native, Kramer has a Bachelor of Science degree in business administration from John Carroll University.

Keegan joined Goodyear in 2000 as chief operating officer. He became president and chief executive officer in January 2003 and chairman of the board in July of that same year. Prior to Goodyear, Keegan was an executive vice president of the Eastman Kodak Company. Aside from a two-year stint as an executive vice president for the Avery Dennison Corporation, Keegan spent the bulk of his career from 1972 to 2000 serving in various financial, marketing and operating positions at Eastman Kodak.

Goodyear’s past presidents and CEOs:

David E. Hill

president

 

1898-1899

Raymond C. Penfield 

 

president

1899-1903

Lucius C. Miles 

 

president

1903-1906

Frank A. Seiberling 

 

president

1906-1921

Edward G. Wilmer 

 

president

1921-1923

George M. Stadelman 

 

president

1923-1926

Paul W. Litchfield 

 

president

CEO

1926-1940 

1930-1956

Edwin J. Thomas 

 

president

CEO

1940-1958 

1956-1964

Russell DeYoung 

 

president

CEO

1958-1964 

1964-1974

Victor Holt Jr. 

 

president

1964-1972

Charles J. Pilliod 

 

president

CEO

1972-1974

1974-1983

John H. Gerstenmaier 

 

president

1974-1978

Robert E. Mercer 

 

president

CEO

1978-1983

1983-1989

Tom. H. Barrett 

 

president

CEO

1983-1991 

1989-1991

Hoyt M. Wells 

 

president

1991-1995

Stanley C. Gault 

 

CEO

1991-1995

Samir G. Gibara 

 

president and

CEO

1995-2003 

1996-2003

Robert J. Keegan 

president and CEO

2003-2010

Related news:

  1. Goodyear re-elects 12 directors to board at 2011 annual meeting
  2. Keegan: Goodyear is an ‘Aggressive Marketing Company’
  3. Goodyear Names New Latin America President
  4. Goodyear to present at Goldman Sachs Industrials Conference
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board, Career Tracks, Europe, financials, Goodyear, marketing, PricewaterhouseCoopers, rubber

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