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2. Stellantis CEO Carlos Tavares Has Abruptly Resigned - AOL

   www.aol.com/stellantis-ceo-carlos-tavares...

   The move is a departure from Tavares' previous announcement that he would retire when his contract expires in 2o26. Stellantis CEO Carlos Tavares resigned effective immediately on Sunday ...

3. Stellantis CEO Carlos Tavares resigns abruptly after company ...

   www.aol.com/stellantis-ceo-carlos-tavares...

   Tavares' resignation was effective immediately, and the process to appoint a new permanent CEO is "well under way," to be concluded within the first half of 2025, according to the release ...

4. Stellantis CEO Carlos Tavares resigns amid slumping sales - AOL

   www.aol.com/stellantis-ceo-carlos-tavares...

   Tavares was under a five-year contract that was set to expire in 2026. In September, the company started looking for a CEO to succeed Tavares, but stated it was part of a normal leadership ...

5. Carlos Tavares - Wikipedia

   en.wikipedia.org/wiki/Carlos_Tavares

   Carlos Tavares (born 14 August 1958 [not verified in body] [1]) is a Portuguese business executive, primarily in the automotive sector.He was the chief executive officer (CEO) of Stellantis from January 2021 to December 2024 (when it was the world's fourth largest automaker by sales), a conglomerate that was formed by a merger that he had overseen, that of the PSA Group and Fiat Chrysler ...

6. Letter of resignation - Wikipedia

   en.wikipedia.org/wiki/Letter_of_resignation

   A formal letter with minimal expression of courtesy is then-President Richard Nixon's letter of resignation under the terms of a relatively unknown law passed by Congress March 1, 1792, [1] likely drafted in response to the Constitution having no direct procedure for how a president might resign.

7. Notice period - Wikipedia

   en.wikipedia.org/wiki/Notice_period

   A notice period or period of notice within a contract may by defined within the contract itself, or subject to a condition of reasonableness. In an employment contract , a notice period is a period between the receipt of the letter of dismissal and the end of the last working day.

8. Why Stellantis's CEO Is Out, and What That Means For the Stock

   www.aol.com/why-stellantiss-ceo-means-stock...

   In a statement, Stellantis said that its board of directors "accepted Carlos Tavares' resignation," and that it expects to hire a new permanent CEO in the first half of 2025.

9. Termination of employment - Wikipedia

   en.wikipedia.org/wiki/Termination_of_employment

   A less severe form of involuntary termination is often referred to as a layoff (also redundancy or being made redundant in British English). A layoff is usually not strictly related to personal performance but instead due to economic cycles or the company's need to restructure itself, the firm itself going out of business, or a change in the function of the employer (for example, a certain ...