Goodyear replaces Mark Stewart with Roger Wood as CEO
Akron, OH – The Goodyear Tire & Rubber Company announced that Roger Wood, a current member of the company’s board of directors, has been appointed interim chief executive officer. Wood will lead the company while the board conducts a search for a permanent successor with a leading executive search firm. Mark Stewart will step down as chief executive officer and president and from the company’s board of directors effective immediately.
A special committee of the board, formed earlier this year, has been conducting a strategic review of the company’s businesses and operations focused on identifying opportunities to strengthen performance and drive shareholder value. The board and the company are continuing that work by 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. The company does not intend to provide further updates unless and until the board determines that additional disclosure is appropriate or required.
“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.”
“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 continued. “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.”
“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.”
Wood has served on Goodyear’s board since 2023 and brings 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 providing 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.
In connection with his appointment as interim chief executive officer, Wood is stepping down from his position as chair of the board’s human capital & compensation committee.
Separately, Goodyear announced on October 27, 2026, that Jerome Rouquet will join as executive vice president and chief financial officer, effective December 1, 2026. Rouquet, who currently serves as chief financial officer of Visteon Corporation and previously held senior finance leadership roles at Tenneco and Federal-Mogul, will succeed interim Chief Financial Officer Scott Deakin, who will support a seamless leadership transition.