BUZZ - Goodyear appoints Roger Wood as interim CEO; stock price declines

November 9 - ** Goodyear Tire & Rubber Company (GT.O) shares fell 6% in pre-market trading, trading at $4.10

** The company appointed Roger Wood as interim CEO; he has served as a Goodyear board member since 2023

** Goodyear said that Mark Stewart resigned as CEO, president, and board member, effective immediately

** The board is searching for a permanent successor

** The company is also evaluating a range of strategic and operational initiatives, including further optimization of its business structure and layout

** "Earlier this year, the board established a special committee to conduct a rigorous strategic review of the company to help improve performance and create shareholder value," said board chairman Joe Hinrichs

** As of the close of the previous trading day, the company's share price had fallen about 50% year-to-date

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