Why was Stellantis CEO fired?

Why was Stellantis CEO fired?

Former Stellantis CEO Carlos Tavares was fixated on near-term costs and profits to the detriment of the business and the company’s products, several former or current leaders and other U. S. CNBC. Stellantis, the fourth-largest automaker in the world, mismanaged its U. S. Antonio Filosa (born June 26, 1973) is an Italian business executive who has been chief executive officer (CEO) of the automotive group Stellantis since June 2025, succeeding Carlos Tavares. He is also chief operating officer (COO), of Stellantis North America.FIAT is Stellantis’ best-selling brand, with more than 1. Brazil, Italy, Turkey and Algeria.As of early 2025, the owners of Stellantis are the Peugeot family of France and the Agnelli family of Italy, with other investors including Bpifrance Sa, Vanguard Group, and Amundi. Stellantis is a publicly traded company listed on the New York Stock Exchange, Euronext Milan, and Euronext Paris.Should you be buying Stellantis stock or one of its competitors? The main competitors of Stellantis include Rivian Automotive (RIVN), Tesla (TSLA), Adient (ADNT), Autoliv (ALV), and Ford Motor (F). These companies are all part of the auto/tires/trucks sector.

How much does a CEO of Stellantis make?

MILAN — Stellantis’ new CEO Antonio Filosa will earn at least $4 million annually in his first two years at the helm, rising to up to $23 million a year from 2028, including bonuses, a document showed, although his remuneration will be lower than predecessor Carlos Tavares. Italian-Franco-US automaker Stellantis has today named Antonio Filosa, the Italian head of its North American operations, as its new chief executive, effective from June 23.

Who is the no. CEO in the world?

Highest Paid CEO in the World: Elon Musk is the highest paid CEO in the world with earnings around $23. Following him are other big names like Tim Cook of Apple, Sundar Pichai of Alphabet (Google’s parent company), Jensen Huang of Nvidia, and Reed Hastings of Netflix. Key Takeaways. Elon Musk, CEO of Tesla, is the richest person in the world, with a net worth of $619 billion. After Musk is Larry Page, co-founder of Alphabet (Google). Other billionaires with some of the largest net worths include LVMH’s Arnault, Amazon’s Bezos, and Meta’s Zuckerberg.On Nov. Tesla approved a massive and controversial $1 trillion equity-based compensation package for CEO Elon Musk. This package raises his total ownership to approximately 29% of the company’s shares.

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