Goodyear Names Pierre Jambon Vice President, Off Highway; John Cavanaugh to become VP, Finance, Global Procurement

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Apr 07, 2010, 12:00 ET

AKRON, Ohio, April 7 /PRNewswire-FirstCall/ -- The Goodyear Tire & Rubber Company (NYSE: GT) has announced that Pierre Jambon has been named vice president of the company's off-highway business. In his new role, Jambon will run Goodyear's global aviation and off-the-road businesses as well as its North American racing and motorcycle/ATV businesses. He will report to Curt Andersson, President, North American Tire.

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At the same time, Goodyear has announced that John Cavanaugh is the new vice president of finance for global procurement. In that role, he will report to Vice President and Chief Procurement Officer Mark Purtilar and Executive Vice President and Chief Financial Officer Darren Wells. Cavanaugh had been vice president, off highway, since September 2008.

Since October 2006, Jambon served as general manager, global aviation, overseeing the development, manufacture and marketing of aviation tires for use as original equipment, replacement and military applications. Jambon's successor as general manager, global aviation, will be announced later.

Jambon, 50, has a long career in general management and corporate finance and analysis. Immediately prior to coming to Goodyear in December 2003, Jambon was vice president, finance planning and analysis for GKN Aerospace Services in Chicago, where he was responsible for the company's operating planning process and evaluation of its business performance.

Jambon received his undergraduate degree in business administration from Arizona State University, and his MBA from Loyola Marymount University in Los Angeles. He lives in Akron, Ohio.

Cavanaugh, 39, has a broad base of experience both inside and outside Goodyear. He came to Goodyear in July 2003 as director, financial strategy and served in that role for seven months before being named assistant treasurer. In December 2006, he became financial director of the off-highway business. He increased his experience in this business unit by serving as director, racing operations, from June 2007 through January 2008. Since then, Cavanaugh was financial director, commercial tire systems, North American Tire, until taking his recent off-highway role.

Prior to joining Goodyear, Cavanaugh worked in various financial capacities at Visteon Corporation and Kmart Corporation. He also spent more than four years as an infantry officer in the United States Marine Corps.

Cavanaugh earned his undergraduate and masters degrees from the University of Notre Dame (1992 and 1998) and is a Chartered Financial Analyst. He lives in Copley, Ohio.

Goodyear is one of the world's largest tire companies. It employs approximately 69,000 people and manufactures its products in more than 57 facilities in 23 countries around the world. For more information, visit Goodyear at www.goodyeartires.com.

SOURCE The Goodyear Tire & Rubber Company