AKRON (March 29, 2001) — Goodyear Chairman and CEO Samir "Sam" Gibara has been elected to the board of directors of Sumitomo Rubber Industries Ltd. in Kobe, Japan.
His election is in conjunction with Goodyear´s 10 percent ownership of SRI, following completion of the companies´ alliance in 1999 in which Goodyear became SRI´s second-largest shareholder. SRI, meanwhile, holds 1.4 percent of Goodyear´s common stock.
Mr. Gibara, 61, has been chairman and CEO of Goodyear since 1996. He joined the company in 1964 and has served as its senior executive in Morocco, France, Canada, Europe and North America. He has been a corporate officer since 1992. Gibara also serves on the board of directors of International Paper Co.