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Stellantis CEO Tavares to resign
Stellantis CEO Carlos Tavares resigns abruptly after company struggles for months
Carlos Tavares, who had been under fire and was expected to leave at the end of his contract, resigned abruptly on Sunday.
Carlos Tavares, Stellantis CEO, Resigns
The chief executive of the automaker Stellantis, Carlos Tavares, has resigned, the company said on Sunday, amid a decline in profits and slumping sales in its key North America region. Mr. Tavares, 66,
Carlos Tavares Steps Down as CEO of Jeep-Maker Stellantis; Shares Fall Sharply
Chrysler-parent Stellantis said Chief Executive Carlos Tavares is stepping down, effective immediately, after the automaker’s sales and profit sharply declined this year.Shares dropped about 7% in Monday trading.
cbtnews
7h
Carlos Tavares removed after clashes over aggressive targets and cost-cutting strategies
Carlos Tavares’s immediate demise was due to his ambitious sales and cost-cutting targets, which many board members deemed ...
3d
Stellantis CEO Carlos Tavares resigns
Stellantis Chief Executive Carlos Tavares has resigned, the automaker said on Sunday, adding it aimed to find a new head in ...
16h
Exclusive: 'Radical' targets toppled Tavares at Stellantis, sources say
Targets deemed unrealistic or destructive by some board members triggered the sudden fall of Stellantis CEO Carlos Tavares ...
1d
Pat Gelsinger and Carlos Tavares had the same big problem: Morning Brief
So far, 2024 is pacing to have a record number of CEOs out of a job. This week, two big ones — from Intel and Stellantis — ...
2d
Stellantis dealers glad Tavares is out, but now concern grows for the future
Stellantis' next CEO faces a mountain of challenges, including overpriced vehicles with little demand, EVs arriving as the ...
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Stellantis
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