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The CEO of Stellantis, a Jeep and Fiat manufacturer, resigns early due to a strategy dispute.

by admin December 2, 2024, 9:25 pm

Carlos Tavares, the CEO of Stellantis NV, who was well-known for his cost-cutting efforts, left the company after a disagreement with the board on how to stop declining sales and a stock decline.

The business said in a statement confirming a Bloomberg News story earlier Sunday that Tavares would transfer control of the manufacturer of Fiat vehicles.

And Jeep SUVs to an interim committee led by Chairman John Elkann. According to the corporation, a new CEO would be appointed in the first half of 2025.

The CEO of Stellantis, a Jeep and Fiat manufacturer, resigns early due to a strategy dispute.

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