Richard Kramer - Goodyear Tire Chairman of the Board and Presidentident, CEO

GT Stock  MXN 217.00  7.00  3.33%   

Chairman

Mr. Richard J. Kramer serves as Chairman of the Board, President, Chief Executive Officer of the Company. Mr. Kramer joined Goodyear in March 2000 as Vice President Corporationrationrate Finance, serving in that capacity as Goodyears principal accounting officer until August 2002, when he was elected Vice President, Finance North American Tire. In August 2003, he was named Senior Vice President, Strategic Planning and Restructuring, and in June 2004 was elected Executive Vice President and Chief Financial Officer. Mr. Kramer was elected President, North American Tire in March 2007 and continued to serve as Chief Financial Officer until August 2007. In June 2009, Mr. Kramer was elected Chief Operating Officer and continued to serve as President, North American Tire until February 2010. He was elected Chief Executive Officer and President effective April 13, 2010 and Chairman effective October 1, 2010. Prior to joining Goodyear, Mr. Kramer was with PricewaterhouseCoopers LLP for 13 years, including two years as a partner since 2010.
Age 59
Tenure 14 years
Phone330-796-2121
Webhttps://www.goodyear.com
Kramer was an executive officer of Goodyear for 18 years and has a critical role in creating our strategy and strengthening our leadership teams as Chief Executive Officer and previously as Chief Financial Officer and as President, North American Tire.

Goodyear Tire Management Efficiency

The company has return on total asset (ROA) of 0.0309 % which means that it generated a profit of $0.0309 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0393 %, meaning that it generated $0.0393 on every $100 dollars invested by stockholders. Goodyear Tire's management efficiency ratios could be used to measure how well Goodyear Tire manages its routine affairs as well as how well it operates its assets and liabilities.
The Goodyear Tire has accumulated 6.65 B in total debt with debt to equity ratio (D/E) of 150.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Goodyear Tire has a current ratio of 1.31, which is within standard range for the sector. Debt can assist Goodyear Tire until it has trouble settling it off, either with new capital or with free cash flow. So, Goodyear Tire's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Goodyear Tire sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Goodyear to invest in growth at high rates of return. When we think about Goodyear Tire's use of debt, we should always consider it together with cash and equity.

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The Goodyear Tire Rubber Company, together with its subsidiaries, develops, manufactures, distributes, and sells tires and related products and services worldwide. The Goodyear Tire Rubber Company was founded in 1898 and is headquartered in Akron, Ohio. GOODYEAR TIRE operates under Rubber Plastics classification in Mexico and is traded on Mexico Stock Exchange. It employs 64000 people. The Goodyear Tire (GT) is traded on Mexican Exchange in Mexico and employs 74,000 people.

Management Performance

Goodyear Tire Leadership Team

Elected by the shareholders, the Goodyear Tire's board of directors comprises two types of representatives: Goodyear Tire inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Goodyear. The board's role is to monitor Goodyear Tire's management team and ensure that shareholders' interests are well served. Goodyear Tire's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Goodyear Tire's outside directors are responsible for providing unbiased perspectives on the board's policies.
Richard Kramer, Chairman of the Board and Presidentident, CEO
Darren Wells, CFO, Executive Vice President
Mike Dwyer, Chief Officer
Gary VanderLind, Senior Vice President
Stephen McClellan, President - North American Tire
Laura Duda, Senior Vice President - Global Communications and Chief Communications Officer
David Esq, Sr Counsel
Christopher Delaney, President - Asia Pacific business unit
Christian Gadzinski, Director Relations
Christopher Helsel, CTO, Vice President

Goodyear Stock Performance Indicators

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Additional Tools for Goodyear Stock Analysis

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