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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 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.
23h
Breakingviews: New Stellantis CEO’s first job is a US reset
The Stellantis (STLAM.MI), opens new tab CEO’s abrupt departure on Sunday arguably qualifies as a necessary evil, given the ...
20h
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 ...
22m
Stellantis Stock Tumbles After CEO Resigns. This Sealed His Fate.
While Stellantis stock has fallen sharply in 2024, that wasn’t what led to Sunday’s announcement that CEO Carlos Tavares had resigned. “Our thanks go to Carlos for his years of dedicated service and ...
16h
on MSN
How Stellantis CEO’s Cost-Cutting Mantra Cost Him His Job
Stellantis stock lost a further 6% Monday. Despite the challenges, Stellantis’s board had given Tavares its unanimous backing ...
15h
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 ...
TopSpeed on MSN
14h
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 ...
18h
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 ...
12h
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 ...
15h
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 ...
Transport Topics
18h
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 ...
18h
As CEO Tavares leaves Stellantis, market speculates on successor
Carlos Tavares abruptly resigned on Sunday as CEO of Stellantis , two months after a profit warning, and the carmaker said it ...
Ansa on MSN
18h
Richard Palmer appointed special advisor to Elkann
Richard Palmer has been appointed special advisor to Stellantis Chairman John Elkann and will participate in the interim ...
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Stellantis
Carlos Tavares
Italy
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