“Marcus has been acknowledged by his peers as the young man who deserves recognition through past contributions, the promise of the future and the impression he will make as the captain of our club.
“It goes without saying that everyone here is thrilled for Marcus and will do all we can to support him as he takes on new responsibilities.”
Wood, who deputised for injured skipper Bob Murphy and led the Bulldogs to a famous premiership in 2016, stepped down after two seasons in the role.
Bontempelli was elected to succeed Wood by a player vote held at the club on Monday.
“The hallmark of great leaders is consistency of temperament, care for others and work ethic regardless of the circumstances,” Beveridge said of Wood.