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Goodyear Announces Management, Organizational Changes

14 July 2000

Goodyear Announces Management, Organizational Changes

    AKRON, Ohio - The Goodyear Tire & Rubber Company announced today that in the 
wake of key executive retirements in its North American Tire group, it is taking 
the opportunity to make major managerial and organizational changes designed to 
strengthen top-line growth and performance.

    William J. Sharp, president of North American Tire, has elected to retire
after 36 years of service with the company.

    "Bill has had an outstanding career in which he has made major
contributions to the enterprise on an international scale," said Samir G.
Gibara, Goodyear chairman, CEO and president.

    "The highlights of Bill's career include the start-up of our flagship tire
plant in Lawton, Okla.; a strong performance as president of Goodyear Europe;
and successfully beginning the turnaround in North American Tire."

    John C. Polhemus, currently president of Goodyear's Latin America Region,
has been named president of North American Tire, succeeding Sharp.

    Chris W. Clark, currently managing director of Goodyear Brazil, has been
named president of the Latin America Region, succeeding Polhemus.

    Additional management changes include the following:

    Marco V. Molinari, currently vice president of sales and marketing, North
American Tire, has been appointed to the new position of vice president,
global marketing projects.

    Jim M. Vogel, presently director, corporate accounts, North American Tire,
has been named vice president of marketing and corporate accounts for North
American Tire, reporting to Polhemus.

    Eduardo Fortunato, currently director of sales and marketing, Latin
America Region, has been named managing director, Goodyear Brazil, succeeding
Clark.

    All of the new managerial appointments are effective immediately.

    Polhemus, 56, began his career with Goodyear in 1969 as an international
sales trainee in Akron.  He held sales management positions in Denmark,
Finland, Greece and Hong Kong before being named assistant to the managing
director for Goodyear Argentina in 1980.  He later held managing director
positions in the Philippines, Malaysia, Turkey and Brazil before returning to
Akron in 1995 as vice president, Latin America Region.  He was elected
president, Latin America Region, in 1999.

    Clark, 48, joined Goodyear in 1973 as a management trainee in Akron.
After holding finance management positions in Akron and Chile, he moved to
Goodyear Argentina as assistant to the finance director in 1980.  Clark
subsequently held finance director positions in Guatemala, Indonesia,
Australia, Venezuela and Brazil.  In 1993, he was appointed director of
finance, Latin America Region.  Clark later served as managing director of
Goodyear Indonesia and, since 1998, managing director of Goodyear Brazil.

    Sharp, 58, had been president of North American Tire since July 1999.
Previously, he was president of global support operations for three years and
president of Goodyear Europe for four years.  His career also included
positions as executive vice president of product supply; vice president of
tire manufacturing; director, tire manufacturing, Europe; and director,
domestic tire manufacturing.  Sharp served as plant manager of tire facilities
in Lawton, Okla.; Amiens, France; and Colmar-Berg, Luxembourg.

    Goodyear is the world's largest tire company.  Headquartered in Akron,
Ohio, the company manufactures tires, engineered rubber products and chemicals
in more than 90 facilities in 27 countries.  It has marketing operations in
almost every country around the world.  Goodyear, with the addition of its
Dunlop tire joint ventures, employs more than 105,000 people worldwide.