Mark Stewart to step down as Goodyear CEO

The Goodyear Tire & Rubber Company has announced that Mark Stewart will step down as chief executive officer and president and from its board of directors, effective immediately.

The company has appointed Roger Wood as interim CEO and will lead Goodyear while the board conducts a search for a permanent successor.

Stewart was appointed Goodyear CEO in January 2024.

The announcement comes just a number of days after Goodyear released its third-quarter results, which showed a net loss of $238 million.

Wood has served on Goodyear’s board since 2023. He previously served as co-chief executive officer of Tenneco Inc.