Goodyear CEO Mark Stewart steps down; Roger Wood named interim CEO

FinanceInternationalCNBCNov 9, 2026, 9:29 AMAI summary

Goodyear Tire & Rubber announced that Mark Stewart is stepping down as CEO effective immediately. Board member Roger Wood will take over as interim CEO and president while the company searches for a permanent replacement as part of its strategic review. Stewart was hired in January 2024 to lead the transformation plan. Last week the company reported a 2.3% year-over-year decline in net sales and an adjusted net loss of $31 million in the third quarter. Its shares were down about 4% in early trading Monday.

In 35 seconds

Mark Stewart steps down as Goodyear CEO effective immediately
Roger Wood, a board member since July 2023, becomes interim CEO and president
Goodyear will search for a permanent replacement as part of its strategic review

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Goodyear CEO Mark Stewart steps down; Roger Wood named interim CEO

In 35 seconds

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Keep reading

Bancolombia estimates Colombia's 2027 minimum wage would need to rise about 8.4%

Cartagena's Nautical Festival expects to boost economy and jobs on November 13 and 14

Fenalco proposes a maximum 9% increase for Colombia's 2027 minimum wage

Eli Lilly says its Foundayo pill reduces sleep apnea severity