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'Stellantis Starts Search for Tavares Successor as Pressure Rises' - Bloomberg

Benzinga ·  Sep 24 02:32

Stellantis NV Chairman John Elkann has started a search for a successor to Chief Executive Officer Carlos Tavares, whose contract runs out in early 2026.

The automaker confirmed the decision in response to questions from Bloomberg News, adding it's part of regular succession planning. Pressure on the CEO is rising due to Stellantis' poor performance in markets including the US, its biggest single profit pool.

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