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Stellantis CEO Carlos Tavares ousted because of 'radical' targets
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Reuters.","datePublished":"2024-12-04","dateModified":"2024-12-04","dateCreated":"2024-12-04","keywords":"Europe","articleSection":"Stellantis","url":"www.autonews.com/stellantis/ane-carlos-tavares-stellantis-resignation-board/","mainEntityOfPage":{"@type":"WebPage","@id":"www.autonews.com/stellantis/ane-carlos-tavares-stellantis-resignation-board/"},"author":[{"@type":"Person","name":"Reuters Reuters"}],"image":{"@type":"ImageObject","url":"https://cloudfront-us-east-1.images.arcpublishing.com/crain/NFDLJXK5NZA4FLPRS3CXR3UEUU.jpg","height":"483","width":"919","caption":"Tavares’ brash style led to a “totally untenable” relationship with the Stellantis board, a source 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data-testid="header-undefined">Carlos Tavares ousted because of ‘radical’ targets at Stellantis, report says</h1><div class="u-flex u-gap-3 u-items-center"><div class="u-relative" data-headlessui-state=""><button class="u-font-secondary u-inline-flex u-items-center u-justify-center u-min-w-fit u-border-2 u-rounded hover:u-border-secondary-lighter active:u-border-secondary-darker focus:u-outline-neutral-500 u-text-base u-py-1.5 u-px-3 u-transition u-ease-in-out u-duration-200 u-bg-white hover:u-bg-gray-300 u-font-bold u-whitespace-nowrap u-text-secondary u-ring-secondary u-border-secondary" aria-expanded="false" data-headlessui-state=""><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 20 20" fill="currentColor" aria-hidden="true" class="u-h-6 u-w-6"><path d="M13 4.5a2.5 2.5 0 11.702 1.737L6.97 9.604a2.518 2.518 0 010 .792l6.733 3.367a2.5 2.5 0 11-.671 1.341l-6.733-3.367a2.5 2.5 0 110-3.475l6.733-3.366A2.52 2.52 0 0113 4.5z"></path></svg><div 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73.0001C311.91 57.9001 322.61 32.0001 344 32.0001H456C459.154 31.9922 462.278 32.6075 465.194 33.8108C468.109 35.0142 470.758 36.7817 472.988 39.0119C475.218 41.242 476.986 43.8909 478.189 46.8063C479.393 49.7217 480.008 52.8461 480 56.0001V168C480 189.4 454.11 200.1 439 185L402.81 148.8L295.54 256L402.82 363.3L439 327.1C454.1 311.9 480 322.6 480 344Z"></path></svg><span>Expand</span></button><div class="b-lead-art__image-wrapper"><img data-chromatic="ignore" alt="TAVARES-MAIN_i.jpg" class="c-image" loading="eager" src="https://crain-crain-prod.web.arc-cdn.net/resizer/v2/NFDLJXK5NZA4FLPRS3CXR3UEUU.jpg?smart=true&auth=173c4213ac9dbdfea0080ddc8a93a0425deb97bdcd50fe1e0f42aea834f5668f&width=919&height=516" srcSet="https://crain-crain-prod.web.arc-cdn.net/resizer/v2/NFDLJXK5NZA4FLPRS3CXR3UEUU.jpg?smart=true&auth=173c4213ac9dbdfea0080ddc8a93a0425deb97bdcd50fe1e0f42aea834f5668f&width=800&height=449 800w, https://crain-crain-prod.web.arc-cdn.net/resizer/v2/NFDLJXK5NZA4FLPRS3CXR3UEUU.jpg?smart=true&auth=173c4213ac9dbdfea0080ddc8a93a0425deb97bdcd50fe1e0f42aea834f5668f&width=1600&height=898 1600w" width="919" height="516"/></div><figcaption class="c-media-item__fig-caption"><span class="c-media-item__caption">Tavares’ brash style led to a “totally untenable” relationship with the Stellantis board, a source said. </span></figcaption></figure></div><div class="u-flex u-flex-col u-items-start u-text-center md:u-space-y-0 md:u-flex-row md:u-space-x-2"><div class="u-flex u-space-x-2"><a href="/staff/Reuters-Reuters" data-testid="link" class="u-font-secondary u-inline-flex u-items-center u-justify-center u-transition u-ease-in-out u-duration-200 u-min-w-fit u-text-base u-no-underline focus:u-outline-neutral-500"><span class="u-sr-only">Author</span><div class="u-flex u-items-center u-gap-2 u-rounded-full u-font-secondary"><img alt="RR" class="c-image u-h-6 u-w-6 u-rounded-full" 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Maestri is Italian and the report came from an Italian newspaper. Go figure."},{"_id":"LYHUGJ6S3JA7HMN2WXSAATIHDQ","additional_properties":{"inline_comments":[],"comments":[],"_id":1733338589678},"type":"text","content":"Soon after that report was denied, reports surfaced explaining <a href=\"https://www.autonews.com/stellantis/ane-carlos-tavares-stellantis-resignation-board/\" target=\"_blank\">how Tavares and the Stellantis board went sidewise</a> over the last month. CFO Doug Ostermann said divergences between Tavares and Stellantis board members included priorities for the 15 months left before Tavares’ term was set to expire, Bloomberg reported."},{"_id":"EKUXNIZUXRENLMNKDYQNRFXZEQ","additional_properties":{"inline_comments":[],"comments":[],"_id":1733338589679},"type":"text","content":"“Those related to tactical issues on how to run the business over that short-term time period, and what actions should be taken in regard to short-term metrics versus longer-term benefit of the company,” he said."},{"_id":"LYHUGJ6S3JA7HMN2WXSAATIHDQ","additional_properties":{"inline_comments":[],"comments":[],"_id":1733338589680},"type":"text","content":"Stellantis insiders told Reuters that Tavares’ plans quickly became too “radical” for his board."},{"_id":"IUJK7BBLFNGPLAAJNBSED7ZAOY","additional_properties":{"inline_comments":[],"comments":[],"_id":1733338589681},"type":"text","content":"The story of how Tavares failed is still emerging, but the real question is this: Can a new CEO even fix this troubled automaker with 14 brands and historical roots in three countries with political allegiances to mend?"},{"_id":"GNQ7SBRT6NBRLK5B3ZYH73BXGU","additional_properties":{"inline_comments":[],"comments":[],"_id":1733338589682},"type":"text","content":"Our editorial today suggests <a href=\"https://www.autonews.com/opinion/editorials/an-editorial-carlos-tavares-departure/\" target=\"_blank\">Stellantis in its current form may be ungovernable</a>."},{"_id":"R7HL6XGRSRDY7ABQD5Q7R45GKU","additional_properties":{"inline_comments":[],"comments":[],"_id":1733338589683},"type":"text","content":"“It is certainly in need of a major overhaul on both sides of the Atlantic — work that will not come easy for whomever its board<a href=\"https://www.autonews.com/stellantis/an-stellantis-tavares-replacement/\"> finds to permanently succeed </a><a href=\"https://www.autonews.com/stellantis/an-stellantis-tavares-replacement/\">Tavares</a>,” we wrote. “Brands will have to be culled and many jobs are likely to be lost. It will be a dirty business, and Tavares’ history of confrontational relationships with<a href=\"https://www.autonews.com/stellantis/an-stellantis-dealers-react-to-tavares-resignation/\"> dealers, suppliers and workers </a>has left few natural constituencies eager to help his successor without evidence of fundamental changes ahead.”"},{"_id":"TLCJJ6FINRBRFNTDRORVUKNWFM","additional_properties":{"inline_comments":[],"comments":[],"_id":1733338589684},"type":"text","content":"Meanwhile, <a href=\"https://www.autonews.com/general-motors/an-general-motors-china-restructuring/\" target=\"_blank\">General Motors</a> bit the bullet today for its growing problems in China. About $5 billion in charges will affect GM’s net income primarily in the fourth quarter and will be reported as one-time special items, <a href=\"https://www.autonews.com/general-motors/an-general-motors-china-restructuring/\" target=\"_blank\">our story today said</a>. The restructuring is expected to include plant closings and the discontinuation of models as GM strives to optimize its China product portfolio, with a focus on <a href=\"https://autonews.com/evs\">electric vehicles</a>, hybrids and<a href=\"https://www.autonews.com/china/an-gm-import-china-sales-network-expands/\"> high-end imports</a>."},{"_id":"XVMDJETXFJA7TCVSOFRCGVFD2M","additional_properties":{"inline_comments":[],"comments":[],"_id":1733338589685},"type":"text","content":"Looking ahead to Thursday, our reporter Jack Walsworth is going to tell us why Ineos Automotive CEO Lynn Calder sees 2025 as a big year for the automaker."},{"_id":"PMUROELFDBCJFM7OILKEUBMTRM","additional_properties":{"inline_comments":[],"comments":[],"_id":1733338589686},"type":"text","content":"That’s it for now. Have a great rest of your day."},{"_id":"OA7Z2GR2PREH3JUL3EHJOI2NNQ","additional_properties":{"inline_comments":[],"comments":[],"_id":1733338589688},"type":"text","content":"<br/>"}],"subheadlines":{"basic":""},"description":{"basic":"The story of how Tavares failed is still emerging, but the real question is this: Can a new CEO even fix this troubled automaker?"},"language":"","source":{"system":"composer","name":"crain","source_type":"staff"},"taxonomy":{"sections":[{"path":"/stellantis","parent":{"default":"/"},"_website":"automotivenews","parent_id":"/","name":"Stellantis","description":"Coverage of the company formed from the merger of Fiat Chrysler Automobiles and France's PSA Group","_id":"/stellantis","additional_properties":{"original":{"parent":{"default":"/","primarySidebarNavigation":"/news-by-brand"},"_admin":{"alias_ids":["/stellantis"]},"site":{"url_alias":"/stellantis","site_description":"Coverage of the company formed from the merger of Fiat Chrysler Automobiles and 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Tavares did not respond to requests for comment."},{"_id":"P3YCT2XDZBC2HOARZHY3R5UYKU","additional_properties":{"inline_comments":[],"comments":[],"_id":1733323054472},"type":"text","content":"Stellantis CFO Doug Ostermann said divergences between Tavares and Stellantis board members included priorities for the 15 months left before Tavares’ term was set to expire."},{"_id":"Z7L4VT3YGJGTDPS35EPOCLPO6E","additional_properties":{"inline_comments":[],"comments":[],"_id":1733333463052},"type":"text","content":"“Those related to tactical issues on how to run the business over that short-term time period, and what actions should be taken in regard to short-term metrics versus longer-term benefit of the company,” he said."},{"_id":"RPVKMHKYIVGZPALMRY2MQWVPBI","additional_properties":{"inline_comments":[],"comments":[],"_id":1733333463053},"type":"text","content":"Disagreements also emerged on relations Stellantis was having with dealers, suppliers, unions and governments, Ostermann said. “Clearly we need to build back trust,” he said."},{"_id":"OLLMJYZDBNCLDPF6JTY6J75XFE","additional_properties":{"inline_comments":[],"comments":[],"_id":1733323054473},"type":"text","content":"Ostermann was speaking at a Goldman Sachs virtual conference on Dec. 4 in the first public remarks by a Stellantis top executive since Tavares resigned."},{"_id":"TS4XM4YGMRAZZCMNM3WXXTQEEQ","additional_properties":{"inline_comments":[],"comments":[],"_id":1733333463055},"type":"text","content":"Ostermann, who previously headed Stellantis’ operations in China, is now seen as a potential candidate to succeed Tavares as CEO. An American national, he has served in different positions in Stellantis and formerly at Fiat Chrysler, where he joined in 2016 as group treasurer."},{"_id":"Z2R2QE5RVFANLMVWLMRYXWI5XY","additional_properties":{"inline_comments":[],"comments":[],"_id":1733333463056},"type":"text","content":"He has played a key role in striking Stellantis’ current partnership with Chinese automaker Leapmotor."},{"_id":"BJI2QOSY5FBG5GZMVH2DOGZEHM","additional_properties":{"inline_comments":[],"comments":[],"_id":1733333463057},"type":"text","content":"Ostermann said Stellantis is confident that an expected improvement in performance could allow the automaker to pay a dividend in 2025. He said the automaker, which in September issued a shock profit warning on its 2024 results, had the ability to generate cash and perform well in 2025."},{"level":2,"_id":"DNKXAHGSGNGJTDAOBIYKEUJPBM","additional_properties":{"inline_comments":[],"comments":[],"_id":1733320260010},"type":"header","content":"Tavares blaming U.S. execs annoyed board members"},{"_id":"5I6NHWQIHVH5HPW3EWOH464SS4","additional_properties":{"inline_comments":[],"comments":[],"_id":1733320260011},"type":"text","content":"Tavares, who earlier this year was paid €36.5 million ($38.3 million at current exchange rate) in compensation based on Stellantis’ 2023 results, had annoyed some board members in October, at the Paris auto show, by publicly blaming the automaker’s U.S. management for falling sales and rising inventories in that market, one of the sources said. 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They were unsettled by what they viewed as the CEO’s relentless but narrow focus on cost-cutting, which had caused supply disruptions and angered dealers. Those problems had been overlooked in previous years, when Stellantis was hitting double-digit profit margins."},{"_id":"Z7WVPK5RJBCD7D72AZ4HAAD7VI","additional_properties":{"inline_comments":[],"comments":[],"_id":1733320260015},"type":"text","content":"Now those and other issues were causing angst across the sprawling company, as Tavares tangled with dealers, unions, suppliers and governments — and now board members."},{"_id":"WBFICL7XZJFL7BNN5MR662EAOE","additional_properties":{"inline_comments":[],"comments":[],"_id":1733320260016},"type":"text","content":"“You cannot make enemies with everybody,” the person said."},{"_id":"X5RHFK7MN5HIDFNZD5VJBWKWHU","additional_properties":{"inline_comments":[],"comments":[],"_id":1733320260017},"type":"text","content":"The clashes led the board to oust Tavares with no one to replace him. It was a stunning reversal from its plan for a smooth succession when he retired in 2026 as scheduled."},{"_id":"YTOJWX6Z6RDKZLOGJSJFNZZEHI","additional_properties":{"inline_comments":[],"comments":[],"_id":1733320260018},"type":"text","content":"Chairman John Elkann had declared on Oct. 10 that the board was “unanimous in its support of Carlos Tavares” even as the company jettisoned its <a href=\"https://www.autonews.com/automakers-suppliers/jeep-boss-replaces-carlos-zarlenga-stellantis-na-coo/\" target=\"_blank\">CFO Natalie Knight and its North American chief</a> Carlos Zarlenga the same day."},{"level":2,"_id":"XKOAAF6SVVHVBC5M7MVGKH3SV4","additional_properties":{"inline_comments":[],"comments":[],"_id":1733320260019},"type":"header","content":"Stellantis has daunting to-do list"},{"_id":"6Q3TCFVBRFEXXDFJOYRNZTMYX4","additional_properties":{"inline_comments":[],"comments":[],"_id":1733320260020},"type":"text","content":"Stellantis is now searching for a new CEO with a daunting to-do list: stabilize a global company with 14 brands, bloated U.S. inventories and falling U.S. and European market share — all while facing surging Chinese EV rivals, tough new European emissions standards and disruptive electric vehicle and trade policies championed by U.S. President-elect Donald Trump."},{"_id":"FOOQMPYBDJDD7B5BBTBYZ2NCYI","additional_properties":{"inline_comments":[],"comments":[],"_id":1733320260021},"type":"text","content":"Stellantis’s profit warning at the end of September undermined Tavares’ reputation as an industry leader in maximizing profit margins and payouts for investors. Dealers, industry experts, and customers say the company has priced itself out of the market in both the U.S. and Europe."},{"_id":"WVK72P5FXRC2FD7SXQNINGM3CE","additional_properties":{"inline_comments":[],"comments":[],"_id":1733320260023},"type":"text","content":"Stellantis shares are down 43 percent so far this year."},{"_id":"7YZO3FFHZVESDFDSBTRCZKPP6A","additional_properties":{"inline_comments":[],"comments":[],"_id":1733320260024},"type":"text","content":"Tavares was well known throughout his tenure at both PSA and then Stellantis — formed in 2021 when PSA merged with Fiat Chrysler — for his top-down leadership style, leaving no one in doubt as to who was in charge."},{"_id":"XSTXPUBMY5EPHOPONAEQ2Z6YKY","additional_properties":{"inline_comments":[],"comments":[],"_id":1733320260025},"type":"text","content":"But in November, board members felt compelled to confront Tavares, one of the sources said. “Something had to be done,” the person said."},{"level":2,"_id":"6UER6U4Y4BCJFBTM6CUVUBWXQY","additional_properties":{"inline_comments":[],"comments":[],"_id":1733320260027},"type":"header","content":"Tavares had ‘irrational’ view on EV quotas"},{"_id":"2VLEZCH3BFDW5LTSYLLTH3PZC4","additional_properties":{"inline_comments":[],"comments":[],"_id":1733320260028},"type":"text","content":"One source said the first sign of tensions between Tavares and the board came over in recent weeks on how to handle European Union rules that will levy hefty fines unless electric vehicles account for at least 21 percent of Stellantis’ 2025 sales — a big jump from the automaker’s 12 percent EV share so far this year."},{"_id":"GC4UM4CPJNCINFY6EKKBQEYRPQ","additional_properties":{"inline_comments":[],"comments":[],"_id":1733320260029},"type":"text","content":"Tavares refused to back an auto industry lobbying push now underway to renegotiate the rules, saying instead that Stellantis would simply work to avoid fines."},{"_id":"X5DAQCNALNHD7D4WKMDIGEOEAE","additional_properties":{"inline_comments":[],"comments":[],"_id":1733320260030},"type":"text","content":"The board feared the company would have to “massively decrease” combustion-engine car sales to hit the regulatory target, one of the sources said."},{"_id":"IY42GHLRRBFYDGYHWIFOMEF7X4","additional_properties":{"inline_comments":[],"comments":[],"_id":1733333463077},"type":"text","content":"Company staffers were “totally lost” over the “irrationality” of the view that Stellantis could achieve such a large EV share increase without fines, the person said, which prompted the board to question Tavares."},{"_id":"PB4CGPWQJJGW3M6NG4OLJCAHFI","additional_properties":{"inline_comments":[],"comments":[],"_id":1733320260031},"type":"text","content":"Both sources used the term “radical” to describe Tavares’ sales targets."},{"_id":"IGYLXIJFZRFEFB2LJ4XKGNBSXQ","additional_properties":{"inline_comments":[],"comments":[],"_id":1733320260032},"type":"text","content":"Tavares also outlined other controversial plans at board meetings in November, saying he wanted to drastically cut costs in Europe that had already been “cut to the bone,” one source said."},{"_id":"FQ5V6IED7NEY7AARB4LVCZ74VA","additional_properties":{"inline_comments":[],"comments":[],"_id":1733320260033},"type":"text","content":"Tavares, the source said, also proposed a cash-management policy focused on 2024 at the expense of 2025 cash flow. 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relentless</a>."},{"_id":"BLHN4MBRMJD57A6GBRYEKQTCWU","additional_properties":{"inline_comments":[],"comments":[],"_id":1733253169697},"type":"text","content":"So the union was quick to celebrate Tavares’ <a href=\"https://www.autonews.com/news/an-tavares-stepping-down/\" target=\"_blank\">Dec. 1 resignation</a>, though it was in no hurry to take down the website it created that opens with the CEO’s head being unceremoniously deposited into a metal trash can. UAW President Shawn Fain welcomed the Stellantis chief’s departure with a statement declaring it “a major step in the right direction for a company that has been mismanaged and a workforce that has been mistreated for too long.”"},{"_id":"INZX7TYBLNG7JDPKALVNC4BDGA","additional_properties":{"inline_comments":[],"comments":[],"_id":1733253169698},"type":"text","content":"Fain wasn’t the only one eager for new leadership at Stellantis, which was formed nearly three years ago through the merger of Fiat Chrysler Automobiles and PSA Group, the French automaker that Tavares had headed since 2014."},{"level":2,"_id":"KKOKUODVINBVHON325VDWYEPUI","additional_properties":{"inline_comments":[],"comments":[],"_id":1733253169699},"type":"header","content":"Dealers relieved to see Tavares leave"},{"_id":"YCU4UPDQPRHBFBBYQKWBLPZZRM","additional_properties":{"inline_comments":[],"comments":[],"_id":1733253169700},"type":"text","content":"Dealers in North America at first appeared to mostly accept the 2021 merger that created Stellantis, having already weathered Chrysler being tossed around to Fiat, Cerberus and Daimler over the past few decades. But their criticism of Tavares grew as sales stagnated, inventory piled up and executives they trusted <a href=\"https://www.autonews.com/executives/stellantis-executive-departures-worry-some-us-dealers-salaried-workers/\" target=\"_blank\">left the company</a>."},{"_id":"N2ISX6F25ZBRLIXESBGTS337YU","additional_properties":{"inline_comments":[],"comments":[],"_id":1733253169701},"type":"text","content":"The Stellantis National Dealer Council went public in September with an <a href=\"https://www.autonews.com/automakers-suppliers/stellantis-us-dealers-call-out-ceo-tavares-damaging-brands/\" target=\"_blank\">unusually blunt letter</a> accusing Tavares of mismanaging the company with disastrous results. Tavares met with the council to discuss its concerns, and an <a href=\"https://www.autonews.com/automakers-suppliers/jeep-boss-replaces-carlos-zarlenga-stellantis-na-coo/\" target=\"_blank\">executive shake-up</a> that soon followed seemed to <a href=\"https://www.autonews.com/dealers/stellantis-dealers-see-hope-amid-management-turmoil/\" target=\"_blank\">create some optimism</a> that their businesses could get back on track."},{"_id":"MXY5HB3RJBAEHP6FGGRBZUQOKU","additional_properties":{"inline_comments":[],"comments":[],"_id":1733253169702},"type":"text","content":"Still, dealers were <a href=\"https://www.autonews.com/stellantis/an-stellantis-dealers-react-to-tavares-resignation/\" target=\"_blank\">by and large thrilled</a> to learn that Tavares had quit. Canadian retailers also expressed <a href=\"https://www.autonews.com/retail/anc-carlos-tavares-resigns-relief-canadian-dealers/\" target=\"_blank\">widespread relief</a> at the news."},{"level":2,"_id":"LGJZQZFTNNARNMMBTMML2LNGY4","additional_properties":{"inline_comments":[],"comments":[],"_id":1733253169703},"type":"header","content":"What’s next for Stellantis?"},{"_id":"UNODXYQJTFCIVO6DWBC3AGRTRI","additional_properties":{"inline_comments":[],"comments":[],"_id":1733253169704},"type":"text","content":"For now, as Stellantis searches for Tavares’ successor, the company has established a <a href=\"https://www.autonews.com/stellantis/an-stellantis-tavares-replacement/\" target=\"_blank\">committee of executives</a> to fill the void."},{"_id":"NAE6DGEDQND5BI6YRZXTHOQG5U","additional_properties":{"inline_comments":[],"comments":[],"_id":1733253169705},"type":"text","content":"Chairman John Elkann is heading the group, which includes North America COO <a href=\"https://www.autonews.com/stellantis/an-jeep-filosa-hybrid/\" target=\"_blank\">Antonio Filosa</a>, purchasing chief Maxime Picat and newly hired CFO <a href=\"https://www.autonews.com/europe/ane-stellantis-cfo-q3-results/\" target=\"_blank\">Doug Ostermann</a>. Former CFO Richard Palmer will be a special adviser to Elkann, serving as a “sounding board” for the leadership, the company said."},{"_id":"3I4YAPU42BGOJCCY3J6CS7EURA","additional_properties":{"inline_comments":[],"comments":[],"_id":1733253169706},"type":"text","content":"Stellantis said its goal is to appoint a new CEO in the first half of 2025."},{"level":2,"_id":"ASQ74JBJ5BDBVEW62GPPT3K64U","additional_properties":{"inline_comments":[],"comments":[],"_id":1733253169707},"type":"header","content":"Who will Stellantis choose as its new CEO?"},{"_id":"UPFLIRPVLJHQLAX7GWE3K4OMEI","additional_properties":{"inline_comments":[],"comments":[],"_id":1733253169708},"type":"text","content":"Stellantis <a href=\"https://www.autonews.com/automakers/stellantis-seek-new-ceo-succeed-carlos-tavares/\" target=\"_blank\">began its search</a> for Tavares’ successor several months ago, after the CEO said he planned to leave when his contract was set to expire in early 2026. That gave the company a head start for his abrupt resignation, which was effective immediately."},{"_id":"BRVUOU36QNFSFOOGHB64T4NWS4","additional_properties":{"inline_comments":[],"comments":[],"_id":1733253169709},"type":"text","content":"A list of <a href=\"https://www.autonews.com/stellantis/ane-candidates-successor-carlos-tavares-stellantis/\" target=\"_blank\">prospective candidates</a> has emerged that includes Filosa, Picat and Ostermann. Other possibilities are Jean-Philippe Imparato, who oversees Stellantis in Europe; Renault CEO Luca de Meo; and Mike Manley, the former FCA chief who now heads retailer AutoNation."},{"_id":"ZYFZH6L6XNE6BA7CFF4S54EYTA","additional_properties":{"inline_comments":[],"comments":[],"_id":1733253169710},"type":"text","content":"One potential big-name outside hire, Jose Muñoz, is slated to <a href=\"https://www.autonews.com/hyundai/an-jose-munoz-promotion-ceo-hyundai-motor-company/\" target=\"_blank\">become CEO</a> of Hyundai Motor Co. on Jan. 1."},{"_id":"U2ZNEJHKJ5EOFELQKH53K5TWI4","additional_properties":{"inline_comments":[],"comments":[],"_id":1733253169711},"type":"text","content":"Whoever gets the job will have a <a href=\"https://www.autonews.com/stellantis/ane-stellantis-tavares-successor-tasks/\" target=\"_blank\">tough task ahead</a>, starting with the need to rebuild the relationships that fractured under Tavares."}],"subheadlines":{"basic":""},"description":{"basic":"Dealers 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