Stellantis Announces Changes in Leadership Team
Stellantis announced leadership changes effective June 1, 2024. Christine Feuell has been appointed as the CEO of the Ram brand in addition to her role as CEO of the Chrysler brand, succeeding Timothy Kuniskis, who is retiring after nearly 32 years. Feuell will continue to lead Chrysler’s electric transformation while taking on Ram. Matt McAlear is named CEO of the Dodge brand, replacing Kuniskis, and will join the Top Executive Team. McAlear previously led Dodge sales operations and has experience in the automotive, medical, and digital sectors. Stellantis aims to achieve carbon net zero by 2038 under its Dare Forward 2030 strategic plan.
- Christine Feuell's dual leadership can streamline the electric transformation of both Chrysler and Ram brands.
- Matt McAlear brings diverse experience from the automotive, medical, and digital sectors, potentially benefiting Dodge’s strategic direction.
- Timothy Kuniskis's retirement opens opportunities for new leadership perspectives.
- Stellantis's Dare Forward 2030 plan aims for ambitious carbon net zero targets by 2038, potentially enhancing the company’s sustainability credentials.
- Leadership changes may lead to short-term instability within the Ram and Dodge brands.
- Replacing an experienced executive like Timothy Kuniskis could pose risks if the transition is not managed effectively.
- The responsibility of leading two major brands may overburden Christine Feuell, potentially impacting performance.
Stellantis Announces Changes in Leadership Team
AMSTERDAM, May 17, 2024 – Stellantis today announced the following organizational changes, effective June 1, 2024.
Christine Feuell is appointed Ram brand CEO in addition to her current responsibility as Chrysler brand CEO, replacing Timothy Kuniskis who has decided to retire after nearly 32 years with the Company. Christine will continue to lead the electric transformation of the Chrysler brand and take the leadership of the Ram brand.
Matt McAlear is appointed Dodge brand CEO, replacing Timothy Kuniskis. Matt will become a member of the Top Executive Team. In his previous role, he led Dodge sales operations and has broad experience in the automotive industry as well as in the medical and digital sectors, providing him with the foundation to lead the Dodge brand.
“I want to take the opportunity to warmly thank Tim for his passion, commitment and contributions to Stellantis and in defining the vision of the future electrified Ram and Dodge brands. I wish him well in his retirement,” said Stellantis CEO Carlos Tavares. “I am confident that Chris will continue the work of Tim in leading the iconic Ram brand. Matt will bring a fresh perspective, while continuing to draw on the heritage of our iconic Dodge brand and leading the transition of the brand toward a sustainable future.”
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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.
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| For more information, contact: Bertrand BLAISE +33 6 33 72 61 86 – bertrand.blaise@stellantis.com communications@stellantis.com www.stellantis.com | |||||||
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