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Goodyear Names Patrick Stobb Director of Investor Relations

AKRON, Ohio, May 16, 2008 -- The Goodyear Tire & Rubber Company announced today that Patrick Stobb has joined the company as director of investor relations. Stobb will report to Darren Wells, Goodyear's senior vice president of finance and strategy and will be located at the company's headquarters in Akron.

"Pat is an experienced finance and investor relations professional and has a solid reputation with analysts and investors," said Wells. "We are confident in Pat's ability to help the investment community understand the company's business and strategies and we are pleased to have him on the Goodyear team."

Prior to joining Goodyear, Stobb was director of investor relations for TRW Automotive Holdings Inc. since 2003. He also held a variety of investor relations and finance positions with the Visteon Corporation from 2000 to 2003 and the Ford Motor Company from 1997 to 2000.

Stobb received his bachelor's degree in accounting from Walsh College in Troy, Michigan, and his MBA in finance from the University of Pittsburgh's Katz Graduate School of Business.

Stobb takes over the leadership of the investor relations function from Greg Dooley, who has been appointed treasurer for Goodyear's Latin American operations. Dooley has had responsibility for the company's investor relations since 2006.

"Greg has done an outstanding job building relationships with our shareholders and the investment community," said Wells. "I have no doubt that he will be successful in his new role in Latin America."

Goodyear is one of the world's largest tire companies. Fortune magazine named Goodyear the World's Most Admired Motor Vehicle Parts Company in its 2008 list of the World's Most Admired Companies. The publication ranked Goodyear No. 1 in innovation, people management, use of assets and global orientation. The company is also listed on Forbes magazine's list of the Most Trustworthy Companies in America and CRO magazine's ranking of the 100 Best Corporate Citizens. Goodyear employs about 70,000 people and manufactures its products in more than 60 facilities in 25 countries around the world.