The Goodyear Tire & Rubber Company filed an 8-K on November 9, 2026, announcing that board director Roger Wood has been appointed interim chief executive officer, effective immediately, following the departure of Mark Stewart as CEO, president, and board member.

Key Highlights

  • Leadership change: Roger Wood, a current board director, was appointed interim chief executive officer effective immediately on November 9, 2026.
  • Stewart's departure: Mark Stewart stepped down as chief executive officer, president, and from the company's board of directors, also effective immediately.
  • CEO search launched: The board is conducting a search for a permanent successor with "a leading executive search firm," according to the filing.
  • Special committee active: A special committee of the board, formed earlier this year, is conducting a strategic review focused on identifying opportunities to strengthen performance and drive shareholder value.
  • New CFO incoming: Jerome Rouquet will join as executive vice president and chief financial officer effective December 1, 2026, succeeding interim CFO Scott Deakin.
  • Wood's committee role: In connection with his appointment as interim CEO, Wood stepped down as chair of the board's human capital & compensation committee.
  • Wood's background: Wood has served on Goodyear's board since 2023 and previously served as co-chief executive officer of Tenneco Inc.

Goodyear Leadership Transition: Wood's Appointment and Strategic Review Context

According to the filing, Goodyear Board of Directors Chair Joe Hinrichs stated that "the board believes this is the right moment to transition leadership to accelerate that progress and capture additional opportunity." Wood, described in the filing as bringing "more than three decades of leadership experience in the automotive and manufacturing industries," joins the interim role directly from the board, where he has served since 2023. The filing notes he also serves on the boards of PHINIA Incorporated and Brunswick Corporation.

The company disclosed that a special committee of the board, formed earlier this year, has been conducting a strategic review 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 stated it "does not intend to provide further updates unless and until the board determines that additional disclosure is appropriate or required." The filing notes the board is working alongside an Enterprise Transformation Office as part of this ongoing review.

Separately, the filing disclosed that Goodyear announced on October 27, 2026, that Jerome Rouquet will join as executive vice president and chief financial officer effective December 1, 2026. Rouquet currently serves as chief financial officer of Visteon Corporation and previously held senior finance leadership roles at Tenneco and Federal-Mogul. He will succeed interim CFO Scott Deakin, who, according to the filing, "will support a seamless leadership transition."

What Was Disclosed

Goodyear disclosed the immediate departure of CEO Mark Stewart, the appointment of board director Roger Wood as interim CEO, the launch of a permanent CEO search, the ongoing special committee strategic review, and the planned December 1, 2026, arrival of incoming CFO Jerome Rouquet.