Stellantis CEO Tavares Announces Departure

1 min read
Source: Bloomberg
Stellantis CEO Tavares Announces Departure
Photo: Bloomberg
TL;DR

Stellantis CEO Carlos Tavares is reportedly stepping down following a decline in profits and weakened US sales for the company, which produces Jeep SUVs and Fiat cars. An official announcement is expected soon, although Tavares had previously indicated he would remain until early 2026.

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