Overview

• Filosa kicked off his global listening tour at Turin’s Mirafiori plant, meeting Chairman John Elkann, European chief Jean-Philippe Imparato and frontline workers.
• Earlier stops in France included visits to the R&D centre at Carrières-sous-Poissy and Peugeot’s Sochaux industrial hub to review local operations.
• Italian Industry Minister Adolfo Urso hailed the Italian-born executive’s appointment as a boost for Italy’s automotive sector and a shift in Stellantis’ leadership focus.
• Stellantis shares initially slid 2.2% on news of Filosa’s selection but recovered to finish 0.6% higher as investors weighed his strategic outlook.
• Filosa takes the helm under pressure to streamline a 14-brand portfolio, reverse last year’s profit decline and leverage his FCA and quality-management experience.