Stellantis CEO, Travares, steps down in a reorganization of corporate leadership.
Stellantis N.V., the global automotive giant, has announced an Interim Executive Committee (IEC) to lead the company during the transition period until a permanent CEO is appointed. The departure of Carlos Tavares, who played a pivotal role in the 2021 merger that formed Stellantis, was effective immediately due to a divergence in strategic views between Tavares and the Board.
The IEC, chaired by John Elkann, is responsible for leading Stellantis during this transition period. Elkann expressed gratitude towards Tavares for his years of dedicated service, crediting him with the creation and rise of Stellantis as a global automotive powerhouse.
The key members of the IEC include Xavier Chéreau, Ned Curic, Arnaud Deboeuf, Antonio Filosa, Béatrice Foucher, Jean-Philippe Imparato, Douglas Ostermann, Maxime Picat, and Philippe de Rovira. Antonio Filosa, previously the Chief Quality Officer and former Jeep Brand CEO, has been promoted to CEO, effective June 23, 2025, succeeding Tavares. John Elkann will remain as Executive Chairman.
Filosa has since announced a new leadership team composed of several high-performing executives with expanded responsibilities. However, the exact makeup of the Interim Executive Committee is not detailed. Richard Palmer has been appointed as Special Adviser to the Chairman, John Elkann.
Under Tavares' leadership, Stellantis expanded its global reach and invested heavily in electrification and technology. The IEC reflects Stellantis' expansive global footprint, with members representing diverse functions and regions. The company has reaffirmed its full-year 2024 operational and financial objectives, demonstrating confidence in its strategic direction and market performance.
The decision was accepted by the Board of Directors under Chairman John Elkann. The process to appoint a permanent CEO is ongoing and expected to conclude by mid-2025. Until then, the IEC will assume leadership responsibilities, guiding Stellantis through this period of transition.
The Interim Executive Committee (IEC) will guide Stellantis through the transition period until a permanent CEO is appointed, with John Elkann serving as Executive Chairman. Antonio Filosa, promoted to CEO, will take over from Tavares on June 23, 2025, leading a newly appointed leadership team, as Stellantis continues to focus on industry growth, financial stability, transportation solutions, and technological advancements in the automotive business.
