Goodyear Tire & Rubber Co. has been recognized as the world's most admired motor vehicle parts company by Fortune magazine.
Goodyear topped the list of global companies in its category in five of the nine attributes evaluated: people management, use of assets, social responsibility, long-term investment and product/service quality.
"This recognition is a credit to the hard work of 69,000 Goodyear associates around the world," says Richard Kramer, Goodyear chairman and chief executive officer. "It validates the success of our strategy roadmap and serves as a meaningful mile marker on our journey toward creating sustainable value."
Goodyear says the Fortune Most Admired list uses a rigorous assessment by nearly 4,000 executives, board directors and securities analysts to determine a company's overall reputation by evaluating innovation, people management, use of assets, social responsibility, management quality, financial soundness, long-term investment, product/service quality and global competitiveness.
