Goodyear Directors Re-Elected at 2012 Annual Meeting

April 17, 2012

AKRON, Ohio, April 17, 2012 – Shareholders of The Goodyear Tire & Rubber Company today re-elected 10 members of the company’s Board of Directors. 

Re-elected were:

• William J. Conaty, president, Conaty Consulting LLC and advisory partner, Clayton, Dubilier & Rice, LLC;
• James A. Firestone, executive vice president and president, corporate operations, Xerox Corporation;
• Werner Geissler, vice chairman, global operations, The Procter & Gamble Company;
• Peter S. Hellman, retired president and chief financial and administrative officer, Nordson Corporation;
• Richard J. Kramer, chairman, president and chief executive officer, Goodyear;
• W. Alan McCollough, retired chairman and chief executive officer, Circuit City Stores Inc.;
• Shirley D. Peterson, retired partner, Steptoe & Johnson LLP;
• Stephanie A. Streeter, chief executive officer, Libbey Inc.;
• Thomas H. Weidemeyer, retired senior vice president and chief operating officer, United Parcel Service Inc.; and
• Michael R. Wessel, president, The Wessel Group Inc.

James C. Boland, former president, chief executive officer and vice chairman, Cavaliers Operating Company LLC (nine years of service); and G. Craig Sullivan, retired chairman and chief executive officer, The Clorox Company (six years of service), did not stand for re-election and have retired from the Board of Directors.  Rodney O’Neal did not stand for re-election to the Board of Directors due to his responsibilities as chief executive officer and president, Delphi Automotive PLC (eight years of service).

“We are deeply grateful for their leadership and guidance during their tenure on the board,” said Kramer about the departing board members.

The appointment of PricewaterhouseCoopers LLP as the company’s independent registered public accounting firm for 2012 was also ratified by shareholders.

In an advisory vote, shareholders approved the compensation of the company’s named executive officers.

Goodyear is one of the world’s largest tire companies.  It employs approximately 73,000 people and manufactures its products in 53 facilities in 22 countries around the world.  Its two Innovation Centers in Akron, Ohio and Colmar-Berg, Luxembourg strive to develop state-of-the-art products and services that set the technology and performance standard for the industry.  For more information about Goodyear and its products, go to http://corporate.goodyear.com.