Goodyear Wins Place on Fortune’s “Most Admired” List

US-based Fortune Magazine has once again listed Goodyear as one of the most admired companies in the world in its annual list-based issue. Chairman and CEO Robert J. Keegan expressed his pleasure at the ranking in a release from the manufacturer: “This global recognition by our industry peers is something for which all Goodyear associates can be proud.”

Among companies in the Motor Vehicle Parts category, Goodyear was the highest-ranked tyre company, the top US-based company and placed at number 2 overall. The tyre maker was awarded top-two finishes in five of the nine key attributes measured, coming first in Use of Corporate Assets and Social Responsibility and second in Innovation, Quality of Products and Services and Global Competitiveness.

Taking only US companies into account, Goodyear was ranked first or second in all nine attributes, coming top in Innovation, Quality of Products and Services, Use of Corporate Assets, Social Responsibility, Quality of Management, People Management and Global Competitiveness.

“The high rankings for innovation, product quality, social responsibility and use of corporate assets fit perfectly with our strategy to emerge poised for future success from these difficult economic conditions,” concluded Keegan.

The Fortune Most Admired lists use a rigorous assessment of industry executives, board directors and securities analysts to determine a company’s overall reputation.