The Goodyear Tire & Rubber Co. announced Wednesday the appointment of Richard J. Kramer as president of the company’s North American Tire unit, effective immediately, succeeding Jonathan D. Rich, who is leaving the company to pursue other opportunities.
Kramer, 43, who is currently Goodyear's executive vice president and CFO, will continue as CFO until a replacement is named.
Kramer joined Goodyear in March 2000 and was elected an officer of the company as vice president, corporate finance. He became vice president of finance for the North American Tire business in July 2002 and was promoted to senior vice president, strategic planning and restructuring in August 2003. In May 2004 Kramer became chief financial officer.
Rich, 51, was elected president of Goodyear Chemical in August 2001 after joining the company in September 2000. He was named president of North American Tire in December 2002.
Goodyear manufactures tires, engineered rubber products and chemicals in over 90 facilities in 28 countries, and has approximately 75,000 employees.