The Goodyear Tire & Rubber Company has appointed board member Roger Wood as interim chief executive officer, effective immediately, after Mark Stewart stepped down as chief executive officer and president and from the company's board of directors. Goodyear announced the change on November 9, 2026.
Wood will lead the company while the board searches for a permanent successor with a leading executive search firm.
Board Cites Need to Accelerate Progress
"Goodyear has made meaningful progress in becoming a more efficient and focused company, and the board believes this is the right moment to transition leadership to accelerate that progress and capture additional opportunity," said Goodyear Board of Directors Chair Joe Hinrichs.
"Roger brings extensive automotive and industrial CEO experience, deep operational expertise and strong relationships across OEMs and aftermarket customers. He knows Goodyear, understands the opportunities ahead and has the board's full confidence to bring heightened focus and urgency to execution while we conduct a thorough search for a permanent CEO. We thank Mark for his contributions to Goodyear."
Who Is Roger Wood?
Wood has served on Goodyear's board since 2023 and has more than three decades of leadership experience in the automotive and manufacturing industries. He previously served as co-chief executive officer of Tenneco Inc., a global automotive designer, manufacturer and distributor of clean air, powertrain and ride performance systems for original equipment and aftermarket customers. He also serves on the boards of PHINIA Incorporated and Brunswick Corporation.
With his appointment as interim CEO, Wood is stepping down as chair of the board's human capital & compensation committee.
"Goodyear has iconic brands, talented people and significant opportunities to improve performance and deliver long-term value," said Wood. "As I step into this role, my immediate priorities are to support our associates and customers, sharpen execution, and build on the work already underway to advance Goodyear's transformation. I look forward to working closely with the board, leadership team and the Enterprise Transformation Office to advance the strategic review and translate that work into actions that strengthen performance and position Goodyear for long-term success."
Strategic Review Continues
Goodyear also gave an update on the strategic review being run by a special committee of the board, formed earlier this year. The review covers the company's businesses and operations and is focused on strengthening performance and driving shareholder value.
The board and the company are evaluating a broad range of strategic and operational initiatives, including further optimizing the company's business mix and footprint, improving efficiency, and investing in new products and capabilities that support long-term growth. Goodyear said it does not intend to provide further updates unless and until the board determines that additional disclosure is appropriate or required.
"The board formed a special committee earlier this year to conduct a rigorous strategic review of the company to help strengthen performance and create shareholder value," Hinrichs said. "The board, together with the Enterprise Transformation Office, is evaluating a broad range of strategic and operational opportunities, and we are committed to taking the right actions to position Goodyear for stronger performance and long-term success. We look forward to providing an update as this work progresses."
The leadership change follows Goodyear's previously announced appointment of Jerome Rouquet as executive vice president and chief financial officer, effective December 1, 2026.
Goodyear employs about 60,000 people and manufactures its products in 46 facilities in 19 countries. More information is available at corporate.goodyear.com.
