Goodyear names Kramer COO

June 4, 2009

Goodyear Tire & Rubber Co.'s board of directors has named Richard Kramer chief operating officer. Kramer will continue to serve as president of Goodyear's North American Tire business until a successor is named.

"Rich brings enormous credibility and respect from all key constituents, our associates, our customers and Wall Street," says Goodyear Chairman, CEO and President Bob Keegan.

Kramer joined Goodyear in 2000 as vice president of finance after 13 years with PricewaterhouseCoopers. In 2004, he was named executive vice president and CFO of Goodyear, then three years later became president of Goodyear's North American Tire business.