Stellantis said in February that it would share 1.9 billion euros among its employees worldwide. For French workers, that will mean a minimum of 4,100 euros. Stellantis shareholders on Tuesday approved a controversial 36.5-million-euro (USD 38.75 million) pay package for chief executive Carlos Tavares. Tavares defended the 2023 payout, a 56% jump from 2022, ahead… Continue reading Shareholders approve pay package of Stellantis CEO
Tag: FCA
Republican governors from six states condemn UAW campaigns, citing potential for layoffs
Striking United Auto Workers members from the General Motors Lansing Delta Plant picket in Delta Township, Michigan, on Sept. 29, 2023. Rebecca Cook | Reuters DETROIT — Republican governors of six states on Tuesday condemned the United Auto Workers’ push to organize automotive factories in the South, warning the union’s efforts could lead to layoffs… Continue reading Republican governors from six states condemn UAW campaigns, citing potential for layoffs
Volkswagen union vote in Tennessee to test UAW’s power after victories in Detroit
A Volkswagen automobile assembly plant is seen on March 20, 2024 in Chattanooga, Tennessee. Elijah Nouvelage | Getty Images DETROIT — Volkswagen workers in Chattanooga, Tennessee, will vote this week on whether to organize with the United Auto Workers in a key test of the union’s sway. A victory would give the UAW its first… Continue reading Volkswagen union vote in Tennessee to test UAW’s power after victories in Detroit
@VW Group: Audi Sport teams strong in Australia008589
The international programs of Audi’s customer teams began with a series of successes in Australia and Europe. In addition, many of the brand’s teams have announced their plans for Asian motorsport and European touring car racing in the 2024 season. Audi R8 LMS GT3 Successes in three countries: Audi Sport’s customer teams got off to a… Continue reading @VW Group: Audi Sport teams strong in Australia008589
@Groupe PSA: PR Results of Stellantis 2024 Annual General Meeting007445
The proposed distribution will result in a payment to holders of common shares of EUR 1.55 per outstanding common share. Holders of common shares traded on the NYSE will receive USD 1.651680 per common share based on the USD/EUR foreign exchange reference rate reported by the European Central Bank on April 15, 2024. The distribution… Continue reading @Groupe PSA: PR Results of Stellantis 2024 Annual General Meeting007445
Delayed Maserati Quattroporte set to swap to Granturismo platform
Maserati is deciding whether the next-generation Quattroporte will use an extended version of the Granturismo‘s bespoke platform, its chief engineer has told Autocar. The electric luxury saloon was originally scheduled to arrive next year as Maserati’s first model not to offer a combustion model. However, the company recently announced that it would be delayed until 2028 due… Continue reading Delayed Maserati Quattroporte set to swap to Granturismo platform
“Exorbitant, indecent”: Carlos Tavares’ remuneration, 100,000 euros per day, validated by Stellantis shareholders
The shareholders of the car manufacturer Stellantis validated this Tuesday, April 16, 2024 with 70.2% of the votes the remuneration of the group’s general director. This remuneration could reach 36.5 million euros for the year 2023. A purely consultative vote which makes the group’s employees oscillate between anger and, for some, resignation. Reactions at the… Continue reading “Exorbitant, indecent”: Carlos Tavares’ remuneration, 100,000 euros per day, validated by Stellantis shareholders
100,000 euros per day of remuneration for Carlos Tavares: will Stellantis shareholders oppose it?
This Tuesday, April 16, 2024, the shareholders of Stellantis will meet in a general meeting in Amsterdam in the Netherlands where the headquarters of the automobile company is based. They will give their opinion on the remuneration of Carlos Tavares, general director of the industrial giant, which is once again causing controversy. A vote which… Continue reading 100,000 euros per day of remuneration for Carlos Tavares: will Stellantis shareholders oppose it?
ATFX Hires Siju Daniel as the Chief Commercial Officer
LONDON, April 16, 2024 /PRNewswire/ — ATFX is pleased to announce the appointment of Siju Daniel as the Chief Commercial Officer. Siju brings a wealth of experience and expertise in the financial services industry, having spent over 20 years in executive leadership positions worldwide. In his previous role as the Chief Commercial Officer of FXCM,… Continue reading ATFX Hires Siju Daniel as the Chief Commercial Officer
ACADEMIA BARILLA JOINS ATLAS OCEAN VOYAGES’ EPICUREAN EXPEDITIONS ON SELECT 2024 MEDITERRANEAN SAILINGS
Imagery may be downloaded here. FORT LAUDERDALE, Fla., April 15, 2024 /PRNewswire/ — Atlas Ocean Voyages announces a new partnership with Academia Barilla for select 2024 Epicurean Expeditions on board World Traveller. As part of this partnership, guests on board will have the opportunity to engage with an Academia Barilla Guest Chef, Marcello Zaccaria, who… Continue reading ACADEMIA BARILLA JOINS ATLAS OCEAN VOYAGES’ EPICUREAN EXPEDITIONS ON SELECT 2024 MEDITERRANEAN SAILINGS