Stellantis has confirmed that the formal process to identify a successor to Carlos Tavares, when he retires at the conclusion of his CEO term in early 2026, is under way.
The process is being led by a special committee of the board chaired by John Elkann and will complete its work by the fourth quarter of 2025.
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The company also announced a raft of immediate management changes in a major reshuffle that follows a period of reported investor dissatisfaction over its performance. Stellantis recently announced a downgrade to its short-term profit outlook.
Stellantis CEO Carlos Tavares said: “During this Darwinian period for the automotive industry, our duty and ethical responsibility is to adapt and prepare ourselves for the future, better and faster than our competitors to deliver clean, safe and affordable mobility. The newly appointed leadership team members will make their valuable contributions to our overall team’s determination to tackle the challenges ahead, reinforcing and accelerating our transformation to become the preferred mobility tech company. I would like to thank everyone who contributed to lay the foundations for Stellantis’ future success.”
John Elkann, Chairman of the Board of Directors, said: “The Board of Directors is unanimous in its support of Carlos Tavares and for the decisive changes announced today. We are confident that these steps to simplify our organisation will strengthen our leadership team as they work to restore the company’s performance to industry leading levels.”
Among the management position changes announced:
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By GlobalData- Antonio Filosa is appointed North America Chief Operating Officer in addition to his role as Jeep brand CEO succeeding Carlos Zarlenga whose next position will be subject to a further announcement.
- Jean-Philippe Imparato is appointed Chief Operating Officer Enlarged Europe in addition to his role as CEO of Pro One succeeding Uwe Hochgeschurtz who will leave the company.
- Doug Ostermann is appointed Chief Financial Officer succeeding Natalie Knight who will leave the Company.
- Gregoire Olivier is appointed as Chief Operating Officer China and remains the Liaison Officer to Leapmotor, leveraging his expert knowledge and experience of the Chinese market.
- Santo Ficili is appointed CEO of Maserati and Alfa Romeo and member of the Top Executive Team, taking advantage of his extensive knowledge of the automotive sector and commercial operations. Davide Grasso’s next position will be subject to a further announcement.
- To drive commercial performance, the Supply Chain organisation will transfer to the Manufacturing Division, under the leadership of Arnaud Deboeuf, from the Purchasing Division led by Maxime Picat.
