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Billionaire Fiat heir assumes control of Jeep and Ram parent Stellantis after embattled CEO Carlos Tavares exits
John Elkann, 48, is heir to the illustrious Agnelli family that founded Fiat, the closest thing Italy has to royalty and often compared to the Kennedys due to its history of fame, charisma and tragedy.
Stellantis’ shares drop after Carlos Tavares’ sudden exit as CEO
Stellantis’ indicated Carlos Tavares’ views had become misaligned with those held by the company’s board and shareholders
Stellantis CEO Carlos Tavares steps down
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 disappointing sales and calls for his ouster.
Stellantis CEO Carlos Tavares abruptly quits as US Jeep, Ram sales falter
Stellantis Chief Executive Carlos Tavares resigned abruptly on Sunday, two months after a profit warning at the maker of Jeep, Fiat and Peugeot cars that has lost around 40% of its value this year. The company said it would seek to find a replacement CEO in the first half of 2025.
Carlos Tavares Steps Down as CEO of Jeep-Maker Stellantis
The global automaker’s sales in North America declined over the past year because of high-cost models that dealers struggled to sell.
22h
on MSN
How Stellantis CEO’s Cost-Cutting Mantra Cost Him His Job
Stellantis stock fell more than 6% Monday.Despite the challenges, Stellantis’s board had given Tavares its unanimous backing ...
3h
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 ...
1d
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 ...
23h
on MSN
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 ...
2h
Intel CEO’s Departure Latest in List of Top Jobs Vacated in 2024
Leadership changes at large publicly traded companies from Boeing to Starbucks were a feature of the corporate landscape in a ...
1d
on MSN
Stellantis CEO abruptly resigns amid differences with board
Stellantis CEO Carlos Tavares abruptly announced his resignation on Sunday after leading the car giant for four years. Its ...
TopSpeed on MSN
23h
BREAKING: Stellantis CEO Carlos Tavares Resigns, Effective Immediately
Stellantis has been under major scrutiny over the past year due to its extremely poor sales performances, with many of its ...
1d
on MSN
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 ...
23h
Stellantis CEO Carlos Tavares Suddenly Leaves Company, No Reason Given
Carlos Tavares has resigned as CEO of Stellantis. Filling the void in his absence is an interim executive committee chaired ...
20h
Stellantis names committee to run company after CEO Tavares leaves
The company's board moved quickly after Tavares' departure and was unveiling the committee to key stakeholders by Monday ...
Transport Topics
1d
Stellantis Taps US Boss, Former CFO for Roles After CEO Exit
Stellantis NV appointed executives including North America boss Antonio Filosa to a committee taking over from ousted CEO ...
Ansa on MSN
5h
Elkann won't report to parliament for moment - Gusmeroli
ROME, DEC 3 - The president of the Lower House's productive activities committee Alberto Gusmeroli said Tuesday that ...
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Stellantis
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