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Goodyear Announces Finance Leadership Changes

AKRON, Ohio, Dec. 17, 2013 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced that its Board of Directors has elected two members of the company's finance leadership team to new roles.

(Logo: http://photos.prnewswire.com/prnh/20050204/GTLOGO )

Scott Honnold, vice president and treasurer, was elected vice president, Business Development. Tom Kaczynski, vice president, Investor Relations, was elected vice president, treasurer & Investor Relations. The changes are effective January 1, 2014.

"During his tenure as treasurer, Scott has played a key role in helping us achieve our financial goals. We look forward to his leadership and contributions in his new role leading business development," said Laura Thompson, executive vice president and chief financial officer. "Tom has been a great addition to the Goodyear team. His considerable corporate finance experience, which includes previous treasury leadership responsibility, makes Tom ideally suited for this new assignment. I am confident that Scott and Tom will make seamless transitions to their new roles, enabling us to continue our momentum in executing our financial goals."

Honnold has been vice president and treasurer since 2010. He joined Goodyear in 2007 as assistant treasurer, Capital Markets and Risk Management. Prior to that, he held financial leadership positions with Saks Incorporated, Books-A-Million and NationsBank. He earned a bachelor of science degree in finance from Ithaca College and a master of business administration degree from Wake Forest University.

Kaczynski joined Goodyear earlier this year from Affinia Group Inc., where he had been vice president and corporate treasurer since 2005. Prior to that he was director of affiliate financing for Visteon Corporation and previously held a number of management positions at Ford Motor Company. Kaczynski earned a bachelor of science degree in engineering from Michigan State University and a master of science degree in engineering from Oklahoma State University. He has a master of business administration degree from the University of Chicago.

Goodyear is one of the world's largest tire companies. It employs approximately 69,000 people and manufactures its products in 52 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 www.goodyear.com/corporate. GT-FN

SOURCE The Goodyear Tire & Rubber Company

For further information: Keith Price, 330-796-1863
Dec 17, 2013