Overview
- Filosa will assume CEO powers on June 23 after a unanimous board vote and an upcoming shareholder meeting to install him as an executive director.
- A 25-year Stellantis veteran, he has led Jeep, served as North America COO since October and was named chief quality officer in February.
- He succeeds Carlos Tavares, who resigned in December following sharp drops in profits and sales across key markets.
- Stellantis reported a 70% plunge in net profit in 2024, grappling with slumping US demand, 25% tariffs and rising competition from Chinese automakers.
- His initial mandate includes announcing a new leadership team, right-sizing underperforming brands and stabilizing North American operations.