DECRYPTION – The successor to the general director of the automobile group will be appointed in the first half of 2025. In the meantime, John Elkann, chairman of the board and heir to the Agnelli family, assumes the interim role.
Who to replace Carlos Tavares at the head of the world's fourth largest car manufacturer? The surprise ouster, Sunday afternoon, of the emblematic general director of the Stellantis group, a year before the end of his mandate, testifies to the deleterious climate which had been established between the leader and his shareholders. The poor results recently recorded by the group, in the American market in particular, have ended up tarnishing the reputation of the manager, although crowned by the acquisition of Opel and the successful merger with Fiat Chrysler. Proof that the decision was made with a certain urgency, the successor of Carlos Tavares will not be appointed before the first half of 2025. In the meantime, John Elkann, chairman of the board and heir to the Agnelli family, the group's largest shareholder (14.2% of the capital), assumes the leadership of a new temporary executive committee.
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