Stellantis CEO Carlos Tavares resigns from struggling carmaker
Carlos Tavares is stepping down as Chief Executive Officer of Stellantis, effective immediately, following a sharp decline in the carmaker’s sales. As the Wall Street Journal notes, in July, the company reported that its net profit for the first half of the year had dropped by 48 percent compared to 2023.
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 by John Elkann, according to Stellantis. The company says it will appoint a new chief executive in the first half of 2025.
The company's board moved quickly after Tavares' departure and was unveiling the committee to key stakeholders by Monday ...
Then, they want a new CEO to put the transformation to electric vehicles front and center. Finally, some analysts said the ...
Stellantis' indicated Carlos Tavares' views had become misaligned with those held by the company's board and shareholders ...
Outgoing CEO Carlos Tavares clashed with Stellantis' board over his plans to quickly turn around the ailing U.S. business by ...
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