Stellantis announced that the company’s board of directors, under the chairmanship of John Elkann, accepted Carlos Tavares’ resignation Dec. 1 from his role as chief executive officer with immediate effect.
The process to appoint the new permanent chief executive officer is well under way, the company said, managed by a special committee of the board, and will be concluded within the first half of 2025. Until then, a new interim executive committee, chaired by John Elkann, will be established.
Stellantis confirms the guidance it presented to the financial community on Oct. 31, in respect of its full year 2024 results.
Henri de Castries, Stellantis’ senior independent director, commented: “Stellantis’ success since its creation has been rooted in a perfect alignment between the reference shareholders, the board and the CEO. However, in recent weeks different views have emerged which have resulted in the board and the CEO coming to today’s decision.”
Chairman John Elkann said, “Our thanks go to Carlos for his years of dedicated service and the role he has played in the creation of Stellantis, in addition to the previous turnarounds of PSA and Opel, setting us on the path to becoming a global leader in our industry. I look forward to working with our new Interim Executive Committee, supported by all our Stellantis colleagues, as we complete the process of appointing our new CEO. Together we will ensure the continued deployment of the company’s strategy in the long-term interests of Stellantis and all of its stakeholders.”
Stellantis also issued an organizational update announcement on Dec. 2. While the appointment of the new CEO is concluded, the following organization is implemented with immediate effect.
The Interim Executive Committee (IEC) will be responsible for the direction and oversight of the company on behalf of the board of Directors. The IEC will be chaired by John Elkann. The committee shall be made up of the chairman together with the following executives whose responsibilities are as follows:
Xavier Chéreau: Human Resources and Heritage
Ned Curic: Engineering and Technology, Software and Free2move
Arnaud Deboeuf: Manufacturing and Supply Chain
Antonio Filosa: America’s (North and South America) Regions, Chrysler, Dodge, Jeep®️, Ram, and the Design North America organization, including Maserati Design
Béatrice Foucher: Planning
Jean-Philippe Imparato: Enlarged Europe, Pro One, and Abarth, Alfa Romeo, Citroën, DS, FIAT, Lancia, Opel and Peugeot. The Design Europe organization will also report to this position
Douglas Ostermann: Finance
Maxime Picat: Purchasing and Supplier Quality and the regions of Middle East & Africa, India & Asia Pacific, and China together with Leapmotor International
Philippe de Rovira: Affiliates
In support of the IEC and reporting directly to the Chairman will be the following executive vice presidents:
Bertrand Blaise: Communications and CSR
Olivier Bourges: Customer Experience
Giorgio Fossati: General Counsel
Santo Ficili: Maserati in addition to Alfa Romeo
Olivier François: Marketing in addition to FIAT, Abarth and DS
Clara Ingen-Housz: Public Affairs
Richard Palmer is appointed as Special Adviser to the chairman and will attend the IEC to act as a sounding board for the leadership team.
