[3] Wood was taught by the English coach Ronnie Baker at the Detroit Skating Club from the age of seven.

At the 1968 U.S. Championships in Philadelphia, Wood defeated Gary Visconti and John Misha Petkevich to win the first of his three U.S. national titles.

Still coached by Baker,[2] Wood won the Olympic silver medal after placing second in the compulsory figures and third in the free skate.

In 1969, Wood successfully defended his national title against Petkevich and won the 1969 North American Championships ahead of Canada's Jay Humphry.

[3] Wood formed a limited liability company, TLW, in 1996, and has expressed interest in opening a sports complex in California.