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Stellantis on Monday named North American chief working officer Antonio Filosa as the corporate’s new CEO.
Filosa, who’s 51, will assume his new powers on 23 June, though a shareholder assembly is required to formally appoint him. Stellantis stated that this assembly can be “referred to as within the coming days”.
As President Donald Trump’s tariff insurance policies proceed to threaten multinational carmakers, the Italian COO is tasked with turning Stellantis’ fortunes round within the face of market headwinds.
“The Board chosen Antonio Filosa to be CEO based mostly on his confirmed monitor document of hands-on success throughout his greater than 25 years within the automotive business, the depth and span of his expertise world wide, his unrivalled data of the Firm and his recognised management qualities,” Stellantis stated on Monday.
Filosa’s predecessor, Carlos Tavares, resigned all of a sudden in December 2024 after Stellantis issued a revenue warning in September.
Gross sales in North America have been significantly lacklustre, leaving sellers with a backlog of unsold autos. Tavares additionally clashed with Stellantis’ board over his electrification technique. The CEO was eager to push for 100% battery electrical car (BEV) gross sales in Europe by 2030, whereas the board needed to sluggish the tempo of the transformation.
Within the wake of Tavares’ departure, Filosa was promoted to steer Stellantis’ North America operations.
Having fought off exterior and inside candidates, the Naples-born COO will now take cost of Stellantis’ 14 manufacturers, together with Peugeot, Fiat, Chrysler, Citroën and Jeep.