For the first time, Carlos Tavares, former resident of the Stellantis group, returned to his departure on December 1 during an interview. He discusses his past errors, his compensation, and the reasons for his resignation.
© Stephane Sby Balmy/Stellantis
– Stellantis: the confidences of Carlos Tavares after his departure
Since his hasty resignation on December 1 from the direction of StellantisCarlos Tavares remained silent. Many have spoken about his past mistakes, his compensation, his salary, or the fact that certain of his decisions have taken place. But we had not yet heard him speak in person. In an interview with the Portuguese newspaper Expresso and relayed by BFMTV, Carlos Tavares assured that his main objective was to “protect the business so that a difference in viewpoints does not create the risk of business misalignment”.
“A company that employs 250,000 people, has a turnover of 190 billion euros and sells 15 brands worldwide cannot be managed with a lack of alignment, which has an immediate impact on management strategic”he added. His departure was “amicably”you were motivated by disagreements with the board of directors on the strategy of the Stellantis group. “The decision was taken together, with John Elkann, with whom I have an extremely peaceful relationship” explains Carlos Tavares, adding that “he’s almost a friend”.
Carlos Tavares: is his ouster bad news for the industry in France?
Strong methods
Say goodbye to rumors of dismissal despite his strong-arm methods. Under his reign, car prices soared, suppliers and dealers were bullied, and thousands of jobs were eliminated in France. “When you face a storm, you have to steer the boat according to the waves. You can't argue about the best way to confront them.”said Carlos Tavares in this interview. He is now considering playing a role in the privatization of airline TAP Air Portugal, as an investor or non-executive director.
