2024-10-11 10:09:00
Stellar confirmed in the last few hours that the “formal process” to appoint the successor to the current CEO has already started, Carlo Tavareswhen he leaves office in early 2026.
“It will be led by a special committee of the council chaired by John Elkann which will complete its work in the fourth quarter of 2025,” the manufacturer’s statement said.
A movement that occurs in a complementary manner with a profound restructuring of the company’s management bodies in the face of the corporate crisis it is experiencing, above all, due to the slowdown in sales in North America.
As a result, Stellantis replaced its chief financial officer in the last few hours, Natalie Cavalierewho will leave the automaker and be replaced by Douglas Ostermann.
Knight was the first Stellantis executive to talk about the group’s expectations for mid-2024, warning that margin targets were “overly ambitious.” After his statements to analysts, the shares began to fall until they lost more than 43% of their capitalization this year.
Beyond the finance department, the manufacturer confirmed this Uwe Hochgeschurtzpreviously director of operations in Europe, he will leave the company and be replaced Jean-Philippe Learnato who retains the position of general manager of Pro One, the commercial vehicle division -, according to the Europa Press agency his counterparts in North America and in the Maserati and Alfa Romeo commercial brands will also leave the company.
As part of this restructuring, Antonio Filosa has been named director of operations for North America, as well as CEO of Jeep, replacing Carlos Zarlenga, whose next role “will be subject to a new announcement”, as stated by Stellantis. Santo Ficili, for his part, will now be at the helm of Maserati and Alfa Romeo.
At the same time, Gregoire Olivier will be the director of operations for China, maintaining his role as liaison with local manufacturer Leapmotor.
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