Michelin leads the way in shareholder value

Michelin was the top-performer among suppliers in the fourth quarter of 2006.

The French tyre maker provided shareholders with a 25.43 percent return in the fourth quarter, as the investment community was reassured about the company’s management and its business prospects.

Michelin has a new CEO, Michel Rollier, who took over after the unexpected death of Edouard Michelin in a boating accident last May.

Rollier’s first six months as CEO have reassured financial markets that Michelin will remain a tightly run company.

Michelin also experienced strong demand for…

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