Board Accepts Carlos Tavares’ Resignation as Chief Executive Officer
Stellantis announces CEO Carlos Tavares' immediate resignation, accepted by the Board of Directors under John Elkann's chairmanship. An Interim Executive Committee, chaired by Elkann, will lead the company while a permanent CEO search concludes in H1 2025. The resignation follows emerging 'different views' between the Board and CEO. The company confirms its full-year 2024 financial guidance previously presented on October 31, 2024. Senior Independent Director Henri de Castries noted that while Stellantis' success was built on alignment between shareholders, Board, and CEO, recent weeks saw diverging perspectives leading to this decision.
Stellantis annuncia le dimissioni immediate del CEO Carlos Tavares, accettate dal Consiglio di Amministrazione sotto la presidenza di John Elkann. Un Comitato Esecutivo ad Interim, presieduto da Elkann, guiderà l'azienda mentre si concluderà la ricerca di un CEO permanente nel primo semestre del 2025. Le dimissioni seguono l'emergere di 'viste diverse' tra il Consiglio e il CEO. L'azienda conferma le previsioni finanziarie per l'intero anno 2024 precedentemente presentate il 31 ottobre 2024. Il Direttore Indipendente Senior Henri de Castries ha osservato che, sebbene il successo di Stellantis si basi su un allineamento tra azionisti, Consiglio e CEO, le settimane recenti hanno visto prospettive divergenti che hanno portato a questa decisione.
Stellantis anuncia la renuncia inmediata del CEO Carlos Tavares, aceptada por la Junta Directiva bajo la presidencia de John Elkann. Un Comité Ejecutivo Interino, presidido por Elkann, dirigirá la empresa mientras se concluye la búsqueda de un CEO permanente en la primera mitad de 2025. La renuncia sigue a la aparición de 'diferencias de opinión' entre la Junta y el CEO. La empresa confirma su orientación financiera para el año completo 2024 presentada anteriormente el 31 de octubre de 2024. El Director Independiente Senior Henri de Castries señaló que, aunque el éxito de Stellantis se había construido sobre la alineación entre accionistas, Junta y CEO, las últimas semanas han visto perspectivas divergentes que condujeron a esta decisión.
스텔란티스는 CEO인 카를로스 타바레스의 즉각적인 사퇴를 발표했으며, 이는 존 엘칸 의장의 이사회에 의해 수용되었습니다. 엘칸이 의장을 맡은 임시 집행위원회가 2025년 상반기까지 영구적인 CEO 선정이 완료될 때까지 회사를 이끌 예정입니다. 이 사퇴는 이사회와 CEO 간의 '다른 견해'가 드러나면서 이루어졌습니다. 회사는 2024년 전체 재무 지침을 2024년 10월 31일에 이전에 발표한 대로 확인했습니다. 수석 독립 이사 헨리 드 카스트리스는 스텔란티스의 성공이 주주, 이사회 및 CEO 간의 조화에 기반하고 있었지만, 최근 몇 주 동안의 견해 차이가 이러한 결정에 이르게 했다고 언급했습니다.
Stellantis annonce la démission immédiate de son PDG Carlos Tavares, acceptée par le Conseil d'Administration sous la présidence de John Elkann. Un Comité Exécutif Intérimaire, présidé par Elkann, dirigera l'entreprise jusqu'à la conclusion de la recherche d'un PDG permanent prévue au premier semestre 2025. La démission fait suite à l'émergence de 'différentes visions' entre le Conseil et le PDG. L'entreprise confirme ses prévisions financières pour l'année 2024 présentées précédemment le 31 octobre 2024. Henri de Castries, Directeur Indépendant Senior, a noté que, bien que le succès de Stellantis repose sur l'alignement entre les actionnaires, le Conseil et le PDG, les semaines récentes ont vu des perspectives divergentes menant à cette décision.
Stellantis gibt die sofortige resignation von CEO Carlos Tavares bekannt, die vom Vorstand unter der Leitung von John Elkann akzeptiert wurde. Ein Interim Executive Committee, das von Elkann geleitet wird, wird das Unternehmen führen, während die Suche nach einem permanenten CEO im ersten Halbjahr 2025 abgeschlossen wird. Die Resignation folgt auf das Auftreten von 'verschiedenen Ansichten' zwischen dem Vorstand und dem CEO. Das Unternehmen bestätigt seine Finanzprognose für das gesamte Jahr 2024, die bereits am 31. Oktober 2024 präsentiert wurde. Der Senior Independent Director Henri de Castries bemerkte, dass der Erfolg von Stellantis zwar auf einer Übereinstimmung zwischen Aktionären, Vorstand und CEO basierte, die letzten Wochen jedoch divergierende Perspektiven zu dieser Entscheidung geführt haben.
- Full-year 2024 financial guidance remains unchanged
- Structured transition plan with Interim Executive Committee established
- Clear timeline for new CEO appointment (H1 2025)
- Immediate CEO departure indicates potential strategic disagreements
- Leadership uncertainty during transition period
- Governance instability due to diverging views between Board and CEO
Board Accepts Carlos Tavares’ Resignation as Chief Executive Officer
- Creation of Interim Executive Committee to be chaired by John Elkann
- New CEO will be appointed in the first half of 2025
- Full year 2024 financial guidance confirmed
AMSTERDAM, December 1, 2024 – Stellantis N.V. (“Stellantis” or “the Company”) announces that the Company’s Board of Directors, under the Chairmanship of John Elkann, accepted Carlos Tavares’ resignation today from his role as Chief Executive Officer with immediate effect.
The process to appoint the new permanent Chief Executive Officer is well under way, managed by a Special Committee of the Board, and will be concluded within the first half of 2025. Until then, a new Interim Executive Committee, chaired by John Elkann, will be established.
Stellantis confirms the guidance it presented to the financial community on October 31, 2024, in respect of its full year 2024 results.
Stellantis’ Senior Independent Director, Henri de Castries, commented: “Stellantis’ success since its creation has been rooted in a perfect alignment between the reference shareholders, the Board and the CEO. However, in recent weeks different views have emerged which have resulted in the Board and the CEO coming to today’s decision.”
Chairman John Elkann said: “Our thanks go to Carlos for his years of dedicated service and the role he has played in the creation of Stellantis, in addition to the previous turnarounds of PSA and Opel, setting us on the path to becoming a global leader in our industry. I look forward to working with our new Interim Executive Committee, supported by all our Stellantis colleagues, as we complete the process of appointing our new CEO. Together we will ensure the continued deployment of the Company’s strategy in the long-term interests of Stellantis and all of its stakeholders.”
# # #
About Stellantis
Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is one of the world’s leading automakers aiming to provide clean, safe and affordable freedom of mobility to all. It’s best known for its unique portfolio of iconic and innovative brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. Stellantis is executing its Dare Forward 2030, a bold strategic plan that paves the way to achieve the ambitious target of becoming a carbon net zero mobility tech company by 2038, with single-digit percentage compensation of the remaining emissions, while creating added value for all stakeholders. For more information, visit www.stellantis.com.
 | @Stellantis |  | Stellantis |  | Stellantis |  | Stellantis | |
For more information, contact: Bertrand BLAISE +33 6 33 72 61 86 – bertrand.blaise@stellantis.com Fernão SILVEIRA +31 6 43 25 43 41 – fernao.silveira@stellantis.com communications@stellantis.com www.stellantis.com | ||||||||
Attachment
FAQ
Why did Carlos Tavares resign as Stellantis (STLA) CEO?
When will Stellantis (STLA) appoint a new permanent CEO?
Who is leading Stellantis (STLA) after Tavares' resignation?
Will Tavares' resignation affect Stellantis' (STLA) 2024 financial outlook?
