Goodyear CEO Mark Stewart steps down as company continues turnaround plan; board member Roger Wood takes interim role
Chair Joe Hinrichs says board believes leadership change is the right moment to accelerate progress; strategic review to continue
Goodyear Tire & Rubber Co. on Monday announced the immediate departure of CEO Mark Stewart, with board member Roger Wood taking over as interim president and chief executive. Stewart was hired in January 2024 to lead a turnaround plan. The company has faced disappointing results, including an adjusted net loss in the third quarter and failure to meet a key operating margin target.