Stellantis’ CEO promises to leave in 2026 after mostly making a mess of things

silver two-door muscle car on a track Stellantis is slow to release EVs, and its car prices are skyrocketing. | Image: Stellantis

Stellantis is shaking up its leadership. The company announced today that CEO Carlos Tavares will retire at the end of his contract in 2026, and a host of other executives are being shuffled around immediately. The changes come as Stellantis struggles to manage its US auto business, which includes Chrysler, Jeep, Dodge, and Ram. The company is actively looking for Tavares’ successor.

On his way out, the executive shakeup includes replacing the current CFO, Natalie Knight, and North American COO, Carlos Zarlenga, with the company’s China COO,...

Read Entire Article

© 2024 Thiratti. All rights reserved.