Stellantis NV announced that the company’s Board of Directors, chaired by John Elkann, accepted the resignation of Carlos Tavares yesterday from the position of CEO with immediate effect. The process for the appointment of the new permanent managing director is well underway. It is managed by a Special Board Committee and will be completed within the first half of 2025. Until then, a new interim executive committee will be appointed, chaired by John Elkann. Stellantis confirms the situation it presented to the financial community on 31 October 2024, in relation to the results for the full year 2024. The senior independent director of Stellantis, Henri de Castries, commented: “The success of Stellantis since its inception is rooted of a perfect alignment between the reference shareholders, the Board of Directors and the managing director. However, in recent weeks, different views have emerged which resulted in the Board of Directors and the CEO reaching today’s […]
Source: News Beast
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