Goodyear Repeats as Most Admired in Rubber/Plastics Industry
15 February 1999
Goodyear Repeats as Most Admired in Rubber/Plastics IndustryAKRON, Ohio, Feb. 15 -- The Goodyear Tire & Rubber Co., for the second year in a row, has earned top honors in the Rubber and Plastics Products industry category of "Fortune" magazine's list of "America's Most Admired Companies." The magazine will publish its 17th annual corporate reputation survey in its March 1 issue. Within its industry, Goodyear took top honors in six of the eight measured attributes and second-place in two. "Recognition such as this is proof that Goodyear is well on its way to regain its position as the best tire and rubber company in the world," said Goodyear Chairman Samir G. Gibara. "Our return to the top resulted from a total team effort, a world-class performance by our dedicated, focused global team." Goodyear, on Feb. 3, announced that a global alliance with Japan's Sumitomo Rubber Industries Ltd. would restore its status as the world's largest tiremaker. The "Fortune" list was compiled through a survey of more than 12,000 senior executives, outside directors and financial analysts. They evaluated 476 "Fortune 1,000" companies on eight key attributes of reputation: innovativeness, quality of management, employee talent, quality of products, long-term investment value, financial soundness, social responsibility and use of corporate assets.