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4w ago

Stellantis Names Antonio Filosa as Chief Executive Starting June 23

Filosa takes the helm at a moment when Stellantis must revamp its operations to reverse declining sales.

The logo of Stellantis sits on the company's building in Poissy, near Paris, France, February 26, 2025. REUTERS/Stephanie Lecocq/ File Photo
A man walks past a logo of Stellantis outside the company's building in Chartres-de-Bretagne near Rennes, France, September 20, 2024. REUTERS/Stephane Mahe/File Photo
Antonio Filosa, COO of Fiat Chrysler Latin America, attends a media conference in Sao Paulo, Brazil June 25, 2018. REUTERS/Paulo Whitaker/File Photo
FILE - The Stellantis sign is seen outside the Chrysler Technology Center, Jan. 19, 2021, in Auburn Hills, Mich. Stellantis on April 26, 2023. (AP Photo/Carlos Osorio, File)

Overview

  • Antonio Filosa will assume CEO powers on June 23 after an extraordinary shareholder meeting confirms his election to the board.
  • He succeeds Carlos Tavares, who stepped down in December following a sharp profit decline and falling U.S. sales.
  • A 25-year veteran of Stellantis, Filosa led the Jeep brand before becoming North America chief operating officer in October 2024.
  • The automaker is grappling with sliding global sales, profit pressures and elevated inventory levels across its brands.
  • Stellantis is engaging with dealers, unions and government officials to underpin its push into electric vehicles and secure production and jobs.