Goodyear Directors Re-elected, Dividend Declared
13 April 1999
Goodyear Directors Re-elected, Dividend DeclaredAKRON, Ohio, April 12 -- Shareholders of The Goodyear Tire & Rubber Company today re-elected Samir G. Gibara, William J. Hudson Jr., William C. Turner and Martin D. Walker to terms on the company's board of directors. Their three-year terms expire at the 2002 annual meeting. Gibara serves as Goodyear's chairman of the board, chief executive officer and president. Hudson is vice chairman and a director of AMP, Incorporated. Turner is chairman of the board and chief executive officer of Argyle Atlantic Corporation. Walker is chairman of the board and chief executive officer of M.A. Hanna Company. The remaining seven directors are as follows: * Thomas H. Cruikshank, Katherine G. Farley, Steven A. Minter and Agnar Pytte, whose terms expire at the 2000 annual meeting, and * John G. Breen, William E. Butler and George H. Schofield, whose terms expire at the 2001 annual meeting. Shareholders also ratified the re-appointment of PricewaterhouseCoopers LLP as the company's independent accountants for 1999. The board of directors declared a quarterly dividend of 30 cents a share. The dividend is payable June 15, to shareholders of record May 17. The payout represents an annual rate of $1.20 per share. The board also re-elected all Goodyear officers for the coming year.