Carlos Tavares, former CEO of Stellantis, has spoken out for the first time since his surprise resignation on December 1. In an interview with Portuguese newspaper Expresso, Tavares said he left the company due to strategic differences with Chairman John Elkann. The two had reportedly disagreed over ambitious targets set by Tavares, which some on the board deemed unattainable or harmful to the company’s long-term stability.
Tavares emphasized that his departure was necessary to ensure Stellantis’ alignment and protect the company from potential risks. He highlighted the need for adaptability in the rapidly changing automotive sector, comparing it to navigating a storm by steering according to the waves.
Despite criticism over pricing strategies under Tavares’ leadership, he expressed no regret about his decisions as CEO. Instead, he maintained that his actions were always guided by a desire to protect Stellantis. The former CEO’s departure marks the end of an era for the company as it seeks new leadership amid a rapidly evolving automotive landscape.
Source: https://moparinsiders.com/carlos-tavares-breaks-silence-on-stellantis-departure