Cavanaugh Named Assistant Treasurer at Goodyear

AKRON, Ohio, Feb. 10, 2004 -- The Goodyear Tire & Rubber Company has named John P. Cavanaugh assistant treasurer.

"John has significant experience in treasury activities. He will continue to play a key role in Goodyear's refinancing efforts," said Darren R. Wells, vice president and treasurer. Cavanaugh will continue to report to Wells.

Cavanaugh, 33, joined Goodyear in July 2003 as director, treasury. Prior to that, he had been director, capital markets for Visteon Corp. He joined the auto parts maker in June 2000 as manager, cash and pension investments. Cavanaugh worked at Kmart Corp. in financial analysis and treasury from 1998- 2000.

A native of St. Louis, he served four years in the United States Marine Corps, where he was a captain and infantry officer.

Cavanaugh, a chartered financial analyst, has a bachelor of arts degree in government and a master of business administration degree in finance from the University of Notre Dame in South Bend, Ind.

Goodyear is the world's largest tire company. Headquartered in Akron, Ohio, the company manufactures tires, engineered rubber products and chemicals in more than 85 facilities in 28 countries. It has marketing operations in almost every country around the world. Goodyear employs about 88,000 people worldwide.

NOTE TO EDITORS: A hi-resolution photo of Mr. Cavanaugh is available at: http://www.goodyear.com/media/photos.html