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11. Oktober 2024 um 17:55

Leadership Shake-Up at Stellantis Amidst Challenges

The Stellantis logo at the entrance of the Mirafiori factory in Turin, Italy.
Stellantis, the automotive giant formed from the merger of PSA and Fiat-Chrysler, is undergoing significant leadership changes. CEO Carlos Tavares, who has driven the company to record profits, will step down in 2026. This move is part of a broader restructuring aimed at improving performance amidst declining profits. European chief Uwe Hochgeschurtz and CFO Natalie Knight are also leaving, with new leadership being appointed to address these challenges. Stellantis has faced a 48% drop in net..
11. Oktober 2024 um 09:00

Stellantis Leadership Transition and Strategic Adjustments

Stellantis, the multinational automotive giant, has announced a significant leadership change. CEO Carlos Tavares plans to retire in early 2026 at the age of 68. The company will also see immediate management restructuring, with Doug Ostermann, previously China Chief, replacing CFO Natalie Knight. This shift aims to simplify operations and enhance organizational performance amid challenging global conditions. Tavares, who joined Stellantis after a notable tenure at Renault and PSA, has been p..
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