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4-Traders Homepage  >  Equities  >  Nasdaq  >  Goodyear Tire & Rubber Co    GT

Delayed Quote. Delayed  - 08/29 10:00:00 pm
28.93 USD   -0.28%
08/29 GOODYEAR TIRE & : Presented with Secretary of Defense Freedom Award ..
08/29 GOODYEAR TIRE & : Truck Tires - The Fastest in the World
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Goodyear Tire & Rubber : Presented with Secretary of Defense Freedom Award at Pentagon Ceremony

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08/29/2016 | 09:11pm CEST

AKRON, Ohio, Aug. 29, 2016 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) was formally presented with the 2016 Secretary of Defense Employer Support Freedom Award on Aug. 26 during a ceremony at the Pentagon in Washington, D.C. The Freedom Award, which is the nation's highest honor given to employers for exceptional support of Guard and Reserve employees, was given to 15 companies selected from more than 2,400 nominations.

https://photos.prnewswire.com/prnvar/20160829/402266

"These 15 awardees are helping to make the Department of Defense and our country stronger," said Secretary of Defense Ash Carter during the ceremony. "Today, more than ever, the commitment they've shown to our country, and to those who serve our country, is indispensable."

Goodyear, the first tire and rubber industry manufacturer to receive this award, was recognized for the honor based on its strong military support including:

    --  The company hired 1,000 Guard, Reserve and veteran employees from
        2011-2014 and renewed that commitment in 2015.
    --  Goodyear supports members of the U.S. Armed Forces and families through
        its annual "Support Our Troops" campaign, which has generated more than
        $1 million over the past six years.
    --  Goodyear fosters a culture of support for our associate veterans,
        reservists and guardsmen and women. From its manufacturing plants to
        corporate offices, Goodyear offers employee benefits, resource groups,
        and company policies aimed at supporting associates who serve their
        country while working for the company.

"I nominated Goodyear for the Freedom Award because I've experienced firsthand the heartwarming and outstanding support they're willing to give veterans, guardsman and reservists," said Chris Wozniak, engineering manager at Goodyear Innovation Center Manufacturing and a Lt. Cmdr. in the U.S. Navy Reservist. "The thread of patriotism runs deep throughout all facets of the organization, whether it's with new hires, transitioning veterans or even associates who have never served but are passionate about supporting our troops."

At the ceremony, Secretary Carter presented Steve McClellan, president of Goodyear Americas, with the award -- a tall bronze eagle.

"To be chosen as one of 15 recipients out of more than 2,400 organizations that were nominated is a great honor," said McClellan. "Although Goodyear is being recognized for our efforts as a company to support our troops and honor veterans, we believe that what we receive back from our veteran associates is truly invaluable. The dedication, work ethic, perspective and ingenuity that they bring to our offices, plants and retail stores every day is the real reward for Goodyear."

Goodyear has more than 100 years of history building innovative tires and equipment to help support and protect U.S. troops and is the largest producer of military tires in the country.

In past years, Goodyear has received the Pro Patria and Above And Beyond Awards, two similarly-judged awards from the Employer Support of the Guard and Reserve, and was recently recognized as a Military Friendly Employer by G.I. Jobs magazine for its leadership in hiring and supporting veterans.

For more information on the 2016 Freedom Award program, visit www.freedomaward.mil. For more information on ESGR, visit www.esgr.mil.

Goodyear, founded in 1898 in Akron, is one of the world's largest tire companies. It employs approximately 66,000 people and manufactures its products in 49 facilities in 22 countries around the world. Its two Innovation Centers in Akron, 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.

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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/goodyear-presented-with-secretary-of-defense-freedom-award-at-pentagon-ceremony-300319469.html

SOURCE The Goodyear Tire & Rubber Company

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Financials ($)
Sales 2016 15 570 M
EBIT 2016 1 961 M
Net income 2016 1 103 M
Debt 2016 4 020 M
Yield 2016 0,97%
P/E ratio 2016 7,61
P/E ratio 2017 7,11
EV / Sales 2016 0,75x
EV / Sales 2017 0,70x
Capitalization 7 593 M
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Goodyear Tire & Rubber Co Technical Analysis Chart | GT | US3825501014 | 4-Traders
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Mean consensus OUTPERFORM
Number of Analysts 9
Average target price 33,0 $
Spread / Average Target 14%
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NameTitle
Richard J. Kramer Chairman, President & Chief Executive Officer
Gregory L. Smith Senior Vice President-Global Operations
Laura K. Thompson Chief Financial Officer & Executive Vice President
Joseph Zekoski Chief Technical Officer & Senior Vice President
Thomas H. Weidemeyer Independent Director
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