Goodyear tops Fortune's most admired list

ERJ staff report (TP)

Akron, Ohio – The Goodyear Tire & Rubber Company has been recognised as the world’s most admired motor vehicle parts company by Fortune magazine.

Goodyear topped the list of leading companies from around the world in five of the nine key attributes evaluated: people management, use of assets, social responsibility, long-term investment and product/service quality.

“This recognition is a credit to the hard work of 69,000 Goodyear associates around the world,” said Richard J. Kramer, Goodyear chairman and CEO. “It validates the success of our strategy roadmap and serves as a meaningful mile marker on our journey toward creating sustainable value.”

Started in 1983, the Fortune Most Admired list is considered “the definitive report card on corporate reputations.” It uses a rigorous assessment by nearly 4,000 executives, board directors and securities analysts to determine a company’s overall reputation by evaluating innovation, people management, use of assets, social responsibility, management quality, financial soundness, long-term investment, product/service quality and global competitiveness.

Goodyear is one of the world’s largest tire companies. It manufactures its products in 52 facilities in 22 countries around the world. Its two Innovation Centers in Akron, Ohio and Colmar-Berg, Luxembourg strive to develop state-of-the-art products and services that set the technology and performance standard for the industry.

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Press release from Goodyear