Stellantis has appointed Antonio Filosa as its new chief executive, succeeding Carlos Tavares who unexpectedly resigned in December after a sharp drop in profit, falling sales, and problems in the US. Filosa, a 25-year veteran of the company, will assume CEO powers effective June 23.
Filosa’s focus as CEO will be strengthening bonds with partners, including dealers, suppliers, unions, and communities. Mending relationships has been a priority for him following a divide between many Stellantis’ partners under Tavares, especially in the US.
To balance the company’s investments in internal combustion engines and electric vehicles, Filosa must also address the impact of trade policies on finances. Stellantis recently reported a 14% year-on-year downturn in first-quarter net revenues due to uncertainties over the trade policy of US President Donald Trump.
Filosa will continue his predecessor John Elkann as executive chairman. Shares of Milan-listed Stellantis are down nearly 27% year-to-date. Filosa plans to travel to the company’s plants and offices across the world, emphasizing the importance of connecting with colleagues.
Source: https://www.cnbc.com/2025/05/28/auto-stellantis-appoints-north-america-boss-antonio-filosa-as-new-ceo.html