Stellantis Hires Interim CEO
This is a Stellantis news story, published by Yahoo Finance, that relates primarily to Elkann news.
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Italian dealership group IntergeaReuters
•Stellantis swiftly reshapes strategy under Elkann after Tavares exit
78% Informative
Carlos Tavares abruptly resigned on Dec. 1 , almost 18 months before the expiry of his contract, as a rift widened between the board and main shareholders.
While it seeks a new CEO, Stellantis is being run by an interim executive committee, chaired by Elkann .
Less than a week after Tavares ' resignation, the company said it would rejoin European auto lobby group ACEA .
A third source says Elkann is devoting most of his time to Stellantis .
Elkann opted for an interim executive team, rather than taking the interim-CEO position as he had done when Ferrari was left without a CEO in late 2020 .
The whole automotive industry will benefit from a softer EU approach on carbon emission rules, a fund manager says.
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