WARREN, Ohio – Stoneridge Inc. has announced that Kevin Kramer has been named president of Stoneridge Wiring Division and vice president of Stoneridge.
Kramer brings to the company significant global experience in the commercial and automotive markets, as well as knowledge and established working relationships with many of Stoneridge’s customers. He succeeds Mark Tervalon as the senior management team member with responsibility over Stoneridge’s global wiring business. Tervalon will oversee the global electronics business as well as the company’s investment in PST, the Brazilian joint venture in which Stoneridge now has a controlling interest ownership.
Most recently, Kramer served as president of Alcoa’s Growth Initiatives. In that capacity, Kramer helped to increase the company’s consolidated revenues by more than $1 billion. He joined Alcoa in 2004 as president of its Cast Auto Wheels Division and was named president of its Wheel and Transportation Products business in 2008. Kramer began his career in 1983 at Goodyear, where he held various leadership positions of increasing responsibility before ultimately being named global vice president of OEM sales in 2002.
"We are very pleased to add Kevin to the Stoneridge team," said John Corey, president and CEO. "His deep industry insight and knowledge will be invaluable to us as we continue to enhance our competitive position in the wiring sector."
Corey added, "The addition of Kevin will also allow us to strengthen our management of other business units. We now have the flexibility to more readily utilize our senior management team to address the strategic initiatives in our business segments and particularly in emerging markets such as India and China."
Kramer is a 1983 graduate of The Ohio State University and holds a BSBA in Marketing.
