Why Making the Same Decisions Over and Over Led Stellantis’ CEO to Resign
The departure of Carlos Tavares from the automotive giant he helped create follows his inability to move on from previously successful strategies when faced with new, shifting challenges.
Stellantis dealers relieved after CEO departs: 'Change was needed'
The Chrysler, Dodge, Jeep and Ram retailers watched pricey and older cars pile up on their lots this year, and felt Carlos Tavares wasn't listening.
Why Stellantis's CEO Is Out, and What That Means For the Stock
Until a new CEO is hired, the company will be led by an interim executive committee chaired by John Elkann. Elkann, the great-great-grandson of Fiat founder Giovanni Agnelli, is Stellantis's chairman and the CEO of the automaker's largest shareholder, the Agnelli family investment vehicle Exor NV.
Stellantis and Intel heads resign, adding to record-breaking CEO step-downs this year
A record number of CEOs have left their roles in 2024, according to an analysis by a career transitioning firm. Stellantis and Intel's CEOs contributed to the trend this week as the companies face declining stock prices.
New Stellantis CEO’s first job is a US reset
The carmaker said it hopes to conclude a hunt for Tavares’ replacement by the first half of 2025. In the meantime, John Elkann, Stellantis chairman and CEO of its largest shareholder Exor, will lead a new interim executive committee.
Stellantis' CEO stepping down shows how the auto industry is struggling to shift into high gear right now
The auto industry is battling slowing EV demand, rising Chinese competition, and potential tariffs on Mexican imports.
Auto industry experts, employees react to Stellantis CEO Carlos Tavares resigning
Company officials say a board committee is leading the search for a new CEO, and that the search is expected to be completed within the first half of 2025.
Stellantis Stock Slides After CEO Steps Down
Shares in the maker of Chryslers and Jeeps slid in Europe after Chief Executive Carlos Tavares stepped down with immediate effect. Find out more:
Stellantis chairman to pick Apple CFO Maestri as carmaker's new CEO - paper
Stellantis' Chairman John Elkann plans to name Luca Maestri, the outgoing CFO of Apple, as the new CEO of the Italian-French ...
Stellantis and Samsung to get $7.54 billion federal loan for two EV battery factories
The Department of Energy preliminarily approved another loan to help fund the construction of electric vehicle battery ...
Chrysler’s History Of Rough Marriages As Stellantis CEO Quits
Chrysler has gone through a series of rough corporate marriages. What's next after Stellantis CEO Carlos Tavares suddenly ...
Newly appointed North American chief Filosa among those considered for Stellantis CEO
Stellantis Chairman Elkann leads a committee of 10 to search for a successor to Carlos Tavares, who resigned on Sunday.
Stellantis dealers glad Tavares is out, but now concern grows for the future
Stellantis' next CEO faces a mountain of challenges, including overpriced vehicles with little demand, EVs arriving as the ...
Stellantis Needs To Put America First - A Tough Sell To Its European Shareholders
Stellantis’ shareholder structure, including European governments and family owners, lacks alignment on prioritizing the U.S.
Stellantis’s Problem Is Ownership Not CEO, Italy’s Salvini Says
The problem at carmaker Stellantis NV is “more about its ownership” rather than former Chief Executive Officer Carlos Tavares ...
Stellantis CEO Tavares quits: Why his EV bet sparked his departure
Carlos Tavares has resigned as Stellantis CEO after nearly four years, amid plunging electric vehicle sales and rising ...