Goodyear's chairman and CEO,
Richard J.
Kramer, says he is confident in the company’s
business strategy, and he believes the firm is well
positioned to achieve its goals.
Kramer says he is pleased with Goodyear’s 2010 performance, which
exceeded the company’s targets; financial results
reflected significant improvement in all four regional
tire divisions, most notably North American Tire’s
return to profitability
Among the achievements highlighted by Kramer are:
- Price/mix improvements that offset the impact of
higher raw material costs
- The high percentage of new products in the
company’s overall lineup
- Cost actions and fixed cost recovery that flowed
to the company’s bottom line
- Significant investments in the company’s future
growth in targeted market segments
These accomplishments, says Kramer, “are evidence of our
positive momentum and give us confidence that, in 2011,
we will continue to strengthen our leadership position
in the industry.”
He says the company will do this by being first with
customers, the leader in targeted market segments and
the leader in innovation.
“As confident as I am in our strategies and plans,
there’s a critical element that brings them to life.
That’s our team. From management to the shop floor, the
men and women around the world who represent the
Goodyear Tire & Rubber Co. form the best team in the
industry,” Kramer adds.
“Our customers, consumers, suppliers and shareholders
deserve nothing less. Because of the passion, talent and
strength of these 72,000 associates, I continue to look
forward with enthusiasm and optimism to a bright future
for
Goodyear,” he observes.
For more information, visit www.goodyear.com.
