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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 ...
The world’s fourth-largest carmaker announced that its board accepted Tavares' resignation Sunday, effective immediately. Stellantis noted Sunday that the process of finding a new, permanent CEO ...
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.
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 ...
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.
The company, in a release, said his resignation has been accepted by the board and is effective immediately. Stellantis Senior Independent Director Henri de Castries said in a written statement ...
For example, administrative, i.e. non-disciplinary, suspensions might not amount to a constructive dismissal if imposed in good faith and justified by legitimate business reasons (i.e. lack of work). As well, a small reduction in salary, in tough times, and administered rationally, might not be a constructive dismissal.
Stellantis CEO Carlos Tavares is out at the company, effective immediately and a year earlier than his planned exit, the automaker announced Sunday. Carlos Tavares out as Stellantis CEO a year ...