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February 24, 2015 01:00 AM

Goodyear elects new member to board of directors

Rubber & Plastics News Report
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    AKRON—Laurette T. Koellner, the retired president of Boeing International, has been elected to the board of directors of Goodyear.

    Koellner, 60, most recently served as executive chairman of International Lease Finance Corp., a subsidiary of American International Group, Inc. until its May 2014 sale to AerCap Holdings.

    Prior to AIG, Koellner spent 11 years with the Boeing Co., serving in several financial and business leadership roles including president of Boeing International, where she oversaw in-country operations around the world, and president, Connexion by Boeing.

    “(Laurette) brings to our board extensive international business and financial leadership experience,” Richard J. Kramer, Goodyear chairman and chief executive officer, said in a statement. “We look forward to adding her skills and knowledge to our board.”

    Koellner began her career with McDonnell Douglas Corp., where she held financial management positions of increasing responsibility in contracting, budgeting, strategic and business planning, before becoming vice president, internal audit prior to the company's acquisition by Boeing in 1997.

    She earned a bachelor's degree in business management from the University of Central Florida in 1977 and her master's degree from Stetson University in 1980.

    Koellner is a director at Celestica Inc. and Papa Johns International Inc., serving on each company's audit committee. She previously served as a director of International Lease Finance, American International Group and Hillshire Brands Company (formerly Sara Lee Corp.).

    The Goodyear board now stands at 13 members.

    Goodyear, the third largest tire maker in the world according to Rubber & Plastics News, employs about 67,000 people and manufactures its products in 50 facilities in 22 countries around the world. It operates innovation centers in Akron, and Colmar-Berg, Luxembourg.

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