Stellantis chief executive Carlos Tavares resigns as carmaker struggles

Carlos Tavares came under strong criticism earlier this year after Stellantis issued a profit warning on its 2024 results. Photograph: Michel Euler/AP View image in fullscreen Carlos Tavares came under strong criticism earlier this year after Stellantis issued a profit warning on its 2024 results. Photograph: Michel Euler/AP Stellantis chief executive Carlos Tavares resigns as… Continue reading Stellantis chief executive Carlos Tavares resigns as carmaker struggles

German Manager Magazine: Stellantis: CEO Carlos Tavares resigns with immediate effect003791

The boss of the crisis Opel-Mother Stellantis, Carlos Tavares (66), has resigned. The board of directors accepted a corresponding offer from the manager to withdraw immediately, said the fourth-largest company in terms of sales Car manufacturer the world on Sunday evening, confirming information from the Reuters news agency. A new boss should now be found… Continue reading German Manager Magazine: Stellantis: CEO Carlos Tavares resigns with immediate effect003791

Stellantis CEO abruptly steps down: Report 

Stellantis CEO Carlos Tavares suddenly resigned on Sunday, Reuters reported. The company said it would find a replacement CEO in the first half of next year.  Senior Independent Director Henri de Castries said in a statement that divergent views cropped up in recent weeks among major shareholders, the board and Tavares resulting in the CEO’s resignation,… Continue reading Stellantis CEO abruptly steps down: Report 

German FAZ: Head of Opel parent Stellantis resigns008277

The car manufacturer Stellantis, which is suffering from problems in the important US market and a weak industry situation, has to look for a new boss sooner than expected. The board of directors has accepted the resignation of Carlos Tavares, the multi-brand group (including Peugeot, Citroen, Fiat, Chrysler, Jeep, Alfa Romeo) announced on Sunday evening.… Continue reading German FAZ: Head of Opel parent Stellantis resigns008277