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Monday, March 24, 2008

Goodyear Advances on Fortune's Most Admired

Goodyear Advances on ‘Fortune’ List of Most Admired Companies

The Goodyear Tire & Rubber Company, North America’s leading tiremaker, has been recognized as one of the most admired companies in America by Fortune magazine.
Goodyear was the highest-ranked tire company and ranked No. 2 overall in Fortune’s America’s Most Admired Companies’ Motor Vehicle Parts category. In 2006, Goodyear was ranked fifth among Motor Vehicle Parts companies.

"This recognition, and the steady improvement in our ranking, is a demonstration of the outstanding work Goodyear associates have done the past four years to drive dramatic change and rebuild our company," said Robert J. Keegan, chairman and chief executive officer. "It validates our efforts in all aspects of performance and is particularly gratifying as it represents recognition from our peers."

Started in 1983, the Fortune Most Admired list is considered "the definitive report card on corporate reputations." It uses a rigorous assessment of more than 3,000 executives, board directors and securities analysts to determine a company’s overall reputation, including measurements of innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment and quality of products and services.

The full list and related stories appear in the March 19 issue of Fortune, on newsstands March 12, and available online at http://www.fortune.com/.

Goodyear is one of the world’s largest tire companies. The company manufactures tires, engineered rubber products and chemicals in more than 90 facilities in 28 countries around the world. Goodyear employs more than 75,000 people worldwide.

SEE GOODYEAR TIRES AT: http://www.goodyeartires.com/

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