Goodyear names director Roger Wood interim CEO as Mark Stewart exits immediately; strategic review continues

GOODYEAR TIRE & RUBBER CO /OH/

• Roger Wood, 64, a director since July 25, 2023 and former Tenneco co-CEO and Dana CEO, was appointed interim CEO and president effective Nov. 8, 2026; board began search for permanent successor.
• Mark Stewart stepped down as CEO, president and director effective immediately; his separation is 'other than for Cause' under Goodyear's Executive Severance and Change in Control Plan.
• Wood will receive $310,000 per month plus monthly RSUs valued at $1,000,000 for the lesser of five months or until a permanent CEO is hired.
• Board special committee, formed earlier this year, is reviewing business mix, footprint, efficiency and product investments; Goodyear will not provide further updates unless appropriate.
• Jerome Rouquet, currently Visteon CFO, joins as EVP and CFO effective Dec. 1, 2026, succeeding interim CFO Scott Deakin.