After the restructuring announced at the end of last year, The Stellantis automotive group deepens the changes and this Tuesday announced new adjustments strategic organizational with the aim of improving decision -making and execution at local and global level. These measures seek to optimize coordination between the regions and global functions of the company, guaranteeing greater agility and reinforcing their commitment to quality and innovation.
Bob Broderdorf has been appointed to direct the brand Jeep; Alain Favey joins Stellantis and is appointed to direct the brand Peugeot; Xavier Peugeot is appointed to direct the brand DS automobiles; Anne Abboud has been appointed director of the Stellantis Pro One Commercial Vehicle Unit.
In addition, other new appointments have been for Antonio Filosa That, together with his current position as America’s Regions Coo, he assumes the global quality leadership, which is essential for the company’s promise to customers.
These measures allow the appropriate balance between regional and world responsibilities to accelerate decisions and execution
The president of Stellantis, John Elkann, stressed that these changes will allow simplifying the organization and improving the execution at the local level, promoting the growth of the company through a greater supply of combustion vehicles, hybrids and electrical.
Stellantis has also confirmed that the process to select its next permanent CEO advances as planned. The search is being managed by a special committee of the Board of Directors, and it is expected to end in the first semester of 2025.
The executive president of Stellantis, Carlos Tavareshe had presented his resignation, immediately effective, last year.
Tavares, considered one of the most prominent leaders in the automotive industry, was criticized after a Stellantis warning about a possible loss of cash sales of up to € 10,000 million in 2024.
The Board of Directors, led by John Elkannpromoted a special committee to select a new permanent executive president, a process that is expected to be completed in the first semester of 2025.
“The company’s board of directors, chaired by John Elkann, has accepted today the resignation of Carlos Tavares as an executive president with an immediate effect,” the company said in a statement.
Meanwhile, Elkann will lead an interim executive committee.
The resignation of Carlos Tavares as executive president of Stellantis was motivated by recent differences between the Council and the CEO, as Henri de Castries, independent principal director of the company explained. He stressed that, although Stellantis’s success was based on an alignment between shareholders, advice and leadership, these divergences led to the decision.
John Elkann, president of Stellantis, thanked Tavares for his contribution in the creation of Stellantis and his role in the previous restructuring of PSA and Opel. Elkann affirmed his commitment to work with the Interim Executive Committee to ensure the continuity of the business strategy while a new CEO is designated, guaranteeing the long -term interests of the company and its satisfactory parts.
Tavares, who had planned to retire in 2026, led Stellantis since his formation in 2021, after the fusion of Fiat Chrysler and PSA, consolidating it as the fourth largest car manufacturer for sales.
Source: Ambito
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