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Stellantis CEO Carlos Tavares resigns
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 unrealistic.
'Radical targets toppled former CEO Carlos Tavares at Stellantis'
Targets deemed unrealistic or destructive by some board members triggered the sudden fall of Stellantis CEO Carlos Tavares just a month after he received their full backing, sources told Reuters. Unhappy with his aggressive targets for sales and cost cuts and his contentious dealings with the giant automaker’s suppliers,
Stellantis CEO Carlos Tavares abruptly quits as US Jeep, Ram sales falter
MILAN/DETROIT, Dec 1 (Reuters) - Stellantis (STLAM.MI) Chief Executive Carlos Tavares resigned abruptly on Sunday, two months after a profit warning at the maker of Jeep, Fiat and Peugeot cars that has lost around 40% of its value this year.
2d
on MSN
‘Samurai’ ex–Stellantis CEO Carlos Tavares can thank Darwinism for his rise—and for his swift fall
Carlos Tavares is a self-confessed petrol head who turned around Peugeot but fell victim to a global EV downturn at ...
2d
on MSN
Stellantis CEO Carlos Tavares steps down
Stellantis, the maker of Jeep, Fiat and Puegeot, announced on Sunday that CEO Carlos Tavares has resigned.
2d
Stellantis CEO Carlos Tavares resigns from struggling carmaker
Carlos Tavares is stepping down as Chief Executive Officer of Stellantis, effective immediately, following a sharp decline in ...
Opinion
1d
Opinion
Commentary: Stellantis CEO Carlos Tavares Is Gone
CEO Carlos Tavares has stepped down from his position. In a Stellantis press release, the company said the Board of ...
2d
on MSN
Stellantis CEO Carlos Tavares resigns amid problems in U.S., falling sales
Stellantis CEO Carlos Tavares has unexpectedly resigned from the automaker amid increasingly “different views” between the ...
2d
on MSN
Stellantis CEO Carlos Tavares steps down as carmaker continues struggle with slumping sales
Stellantis CEO Carlos Tavares is stepping down after nearly four years in the top spot of the carmaker that owns brands like ...
2d
on MSN
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.
2d
on MSN
Carlos Tavares out as Stellantis CEO a year ahead of planned exit
Stellantis CEO Carlos Tavares is out at the company, effective immediately and a year earlier than his planned exit, the ...
7h
Stellantis board and Tavares disagreed on short term priorities, external relations, CFO says
Divergences between Carlos Tavares and Stellantis board members, which led to the CEO's abrupt resignation, were mainly over ...
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