Overview

• Antonio Filosa will assume full CEO powers on June 23 after an extraordinary shareholder meeting elects him to the board.
• He succeeds Carlos Tavares, who resigned in December following a board dispute over the company’s EV strategy.
• Stellantis saw net profit plunge 70% in 2024 and revenue fall 14% in Q1 2025, prompting withdrawal of its financial guidance due to tariff-related uncertainties.
• Filosa’s mandate includes streamlining the automaker’s 14-brand portfolio and revitalizing its underperforming US operations while repairing ties with dealers and the UAW.
• He must also accelerate the transition to electric vehicles and counter growing competition from Chinese automakers.