Rich Kramer takes Goodyear leadership baton from Bob Keegan

ERJ staff report (DS)

Akron Ohio -- Richard Kramer has been elected chief executive officer and president of The Goodyear Tire & Rubber Company, effective 13 April, 2010. He replaces Robert Keegan who will remain as executive chairman of the board. Kramer was also elected a member of the company's board of directors. The move is being presented as the, "anticipated culmination of a well thought out succession plan.”

Kramer, 46, who was named chief operating officer in June 2009, spent the previous three years successfully leading the company's North American Tire business with a focus on customers and new product and process innovation. Prior to his North America assignment, he spent three years as executive vice president and chief financial officer.

“One of the keys to Bob Keegan's success was his ability to attract and develop an impressive leadership team,” said James Boland, Goodyear's lead director. “Through Bob's mentoring of Rich Kramer over the past nine years, the close partnership that developed as they jointly created the company's strategy."

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Press release from Goodyear