Who is ceo of goodyear

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Mr. Kramer GT stock SEC Form 4 insiders trading
What is the salary of Richard Kramer?
Complete history of Mr. Kramer stock trades at Goodyear Tire & Rubber Co and Sherwin-Williams Co

Goodyear experienced a larger-than-anticipated number of retirements among its U.S. workforce during the pandemic, CEO Rich Kramer told CNBC Monday.
The Ohio-based tire maker has had to accelerate hiring to help overcome the departures, Kramer said on "Mad Money."
"We have a lot of training going on, and, of course, those make our factories a little bit less efficient and had a little bit higher cost," he explained.

Goodyear CEO Rich Kramer told CNBC on Monday the tire maker saw a larger-than-anticipated number of U.S. workers retire during the coronavirus pandemic, helping to explain staffing-related issues at its manufacturing facilities.

"Some of the Covid absences, I think, we all understand, but we saw early on that the level of retirements was much higher than we traditionally had and certainly than we expected," Kramer said in an interview on "Mad Money."

As a result of those retirements, the Akron, Ohio-based company now has more long-term hiring needs after the pandemic. Goodyear — which has plants in a number of states such as Oklahoma, North Carolina and Texas — employs around 62,000 people worldwide, according to its 2021 proxy statement.

In its third-quarter earnings report Friday, Goodyear said production and manufacturing costs were negatively impacted by its ability to adequately staff facilities, even though the company beat Wall Street's estimates on the top and bottom lines. Goodyear expects some of those cost headwinds to persist into next year, Kramer told CNBC.

"It's very real. We still have difficulty with finding qualified workers out there," said the CEO, who has held the position since 2010. "We have increased absenteeism and ... as a result, we've had accelerated hiring. We have a lot of training going on, and, of course, those make our factories a little bit less efficient and had a little bit higher cost."

Goodyear is working to implement steps to address it, Kramer said. However, "I hate to say it, but that's probably going to be with us as we get to Q4 and into 2022. I think it's a reality."

Last updated: 12 July 2022 at 2:28pm EST

The estimated Net Worth of Richard J Kramer is at least $31.1 Million dollars as of 25 February 2022. Mr. Kramer owns over 167,720 units of Goodyear Tire & Rubber Co stock worth over $8,700,896 and over the last 19 years he sold GT stock worth over $5,410,530. In addition, he makes $16,970,700 as Chairman of the Board, President, and Chief Executive Officer at Goodyear Tire & Rubber Co.

Mr. Kramer GT stock SEC Form 4 insiders trading

Richard has made over 34 trades of the Goodyear Tire & Rubber Co stock since 2004, according to the Form 4 filled with the SEC. Most recently he exercised 167,720 units of GT stock worth $2,059,602 on 25 February 2022.

The largest trade he's ever made was exercising 795,429 units of Goodyear Tire & Rubber Co stock on 15 March 2021 worth over $10,308,760. On average, Richard trades about 26,217 units every 53 days since 2003. As of 25 February 2022 he still owns at least 708,542 units of Goodyear Tire & Rubber Co stock.

You can see the complete history of Mr. Kramer stock trades at the bottom of the page.

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 – Corporate Finance, serving in that capacity as Goodyear’s 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. Mr. Kramer has been 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.

What is the salary of Richard Kramer?

As the Chairman of the Board, President, and Chief Executive Officer of Goodyear Tire & Rubber Co, the total compensation of Richard Kramer at Goodyear Tire & Rubber Co is $16,970,700. There are no executives at Goodyear Tire & Rubber Co getting paid more.

Richard Kramer is 56, he's been the Chairman of the Board, President, and Chief Executive Officer of Goodyear Tire & Rubber Co since 2010. There are 16 older and 12 younger executives at Goodyear Tire & Rubber Co. The oldest executive at Goodyear Tire & Rubber Co. is Peter Hellman, 70, who is the Independent Director.

Over the last 19 years, insiders at Goodyear Tire & Rubber Co have traded over $20,517,891 worth of Goodyear Tire & Rubber Co stock and bought 81,800 units worth $1,527,850 . The most active insiders traders include Richard J Kramer, Jonathan D Rich, and James A Firestone. On average, Goodyear Tire & Rubber Co executives and independent directors trade stock every 18 days with the average trade being worth of $303,525. The most recent stock trade was executed by Evan M Scocos on 4 June 2022, trading 5,467 units of GT stock currently worth $67,135.

Goodyear is one of the world’s largest tire companies. It employs about 62,000 people and manufactures its products in 46 facilities in 21 countries around the world. Its two Innovation Centers in Akron, Ohio, and Colmar-Berg, Luxembourg, strive to develop state-of-the-art products and services that set the technology and performance standard for the industry.