Goodyear Announces Sudden CEO Change Following $238 Million Quarterly Loss

A major leadership shakeup is underway at Akron-based Goodyear Tire & Rubber Company, with the company’s new interim CEO set to receive a compensation package valued at more than $1.3 million per month.

The tiremaker announced Monday that CEO and President Mark Stewart is leaving the company and its board of directors, effective immediately.

Roger Wood, a current Goodyear board member, has been appointed interim CEO while the company conducts a search for a permanent replacement…

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