Goodyear Receives Secretary of Defense Freedom Award

Top honor recognizes Guard and Reserve employee support

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Jul 21, 2016, 02:00 ET

AKRON, Ohio, July 21, 2016 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) has been named a recipient of the 2016 Secretary of Defense Employer Support Freedom Award, the nation's highest honor given to employers for exceptional support of Guard and Reserve employees.

Goodyear was one of 15 companies across the United States recognized and selected from more than 2,400 nominations submitted by guardsmen and reservists. Goodyear is the first company in the tire industry to receive the award, which was created in 1996.

Goodyear named recipient of the prestigious 2016 Secretary of Defense Employer Support Freedom Award (pictured) for its exceptional support of Guard and Reserve employees.

"The extraordinary support Goodyear provides contributes greatly to the readiness and resilience of our guardsmen and reservists," said Defense Secretary Ash Carter. "Their support allows those troops to serve our nation at home and abroad knowing their civilian careers are secure, and is vitally important to the success of our national security strategy."

Goodyear 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; and
Goodyear's executive leadership supports the company's military employee resource group, which advises on hiring initiatives and mentors new Guard and Reserve employees, and provides community and company networking assistance.

"On behalf of the 1,400 Goodyear associates who are either U.S. military veterans or reservists, we proudly accept the Freedom Award," said Steve McClellan, president, Goodyear Americas. "We take enormous pride in our century of commitment to those who serve, through our iconic blimp program, our charitable giving and our position as the largest tire producer for the U.S. military."

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. The tire manufacturer has helped build more than 150 blimps for the U.S. Navy and customizes its iconic Goodyear Eagle race tires annually to display a Support Our Troops message during NASCAR races in Charlotte, N.C.

In June, Goodyear introduced a new military promotion in conjunction with Walmart. The company's donation of $100,000 to the Support Our Troops organization, a nonprofit nationwide organization that works to bolster the morale and well-being of America's troops and their families, complemented by a consumer component, will allow consumers to show their support to military members through contributions and nominations. More details can be found at https://corporate.goodyear.com/en-US/media/news/goodyear-and-walmart-collaborate-to-support-troops.html.

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 and the other recipients will be honored in an August 26 ceremony at the Pentagon.

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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SOURCE The Goodyear Tire & Rubber Company