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Elkann instead reassured employees that Stellantis "will survive," a person who attended the meeting told BI. Executive shuffles Longtime Dodge and Ram executive Tim Kuniskis, who retired earlier ...
Targets deemed unrealistic or destructive by some board members triggered the sudden fall of Stellantis CEO Carlos Tavares just a month after he received their full backing, two people with ...
Stellantis said in a statement on Sunday that its board, including Chairman John Elkann, accepted the CEO's resignation "with immediate effect" and that a new interim executive committee, chaired ...
Stellantis, the maker of Chrysler, Jeep, Fiat and Peugeot among other brands, announced Sunday that embattled CEO Carlos Tavares has resigned due to differences with the board and in the face of ...
While Stellantis has seen its profits shrink and stock slump dramatically this year, the company's board, in an October statement, previously indicated it was "unanimous in its support of Carlos ...
Per the filing, the Stellantis board had 11 directors, six from PSA and five from Fiat Chrysler. [27] The new company's first CEO was Carlos Tavares, the former president of the PSA managing board, as well as former CEO of PSA Group, with a five-year term as Stellantis CEO. PSA shareholders paid a pre-merger premium to FCA shareholders.
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.
Car dealers and auto industry analysts view Carlos Tavares' resignation as CEO of Stellantis with an odd mix of joy and serious concern for the company's future, noting the fact that the board ...