February 25, 2010 (FinancialWire) — The board of directors of The Goodyear Tire & Rubber Co. (NYSE: GT) has elected Richard J. Kramer as chief executive officer and president of the tire maker, effective April 13. He replaces Robert J. Keegan who will remain as executive chairman of the board.

Kramer was also elected a member of the company’s board. Kramer, who was named chief operating officer in June 2009, spent the previous three years leading the company’s North American tire business.

Prior to his North America assignment, he spent three years as executive vice president and chief financial officer. Kramer joined Goodyear as vice president of corporate finance in 2000.

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.

Ohio-based Goodyear employs around 69,000 people and manufactures its products in more than 57 facilities in 23 countries around the world.

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