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Goodyear appoints Roger Wood interim CEO; shares down

By Reuters News

** Shares of Goodyear Tire & Rubber GT.O down 6% at $4.10 premarket

** Co appoints Roger Wood as interim CEO; he has served on Goodyear's board since 2023

** GT says Mark Stewart steps down as CEO, president and board member effective immediately

** Board conducts a search for a permanent successor

** Co is also evaluating range of strategic, operational initiatives, including further optimizing its business mix and footprint

** "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," Board of Directors Chair Joe Hinrichs

** As of last close, stock down ~50% YTD

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