Stellantis, the global automotive powerhouse, is undergoing significant changes in its upper management, marking a crucial shift as it aims to enhance its focus on key business priorities. The most notable announcement is the impending retirement of CEO Carlos Tavares, who will step down at the end of his contract in early 2026.
Tavares has been instrumental in the company’s journey, having been the first CEO of Stellantis since its inception in 2021, following the merger of Fiat Chrysler Automobiles and Groupe PSA. His leadership at Groupe PSA, where he oversaw pivotal decisions such as the separation of the DS luxury brand and the acquisition of Opel and Vauxhall, laid the foundation for Stellantis.
In light of Tavares’ planned departure, Stellantis has initiated the search for his successor, expected to be finalized by the fourth quarter of 2025. The company is implementing several immediate management changes to streamline operations and strengthen its strategic direction.
Notably, Jeep CEO Antonio Filosa will assume the role of North American Chief Operating Officer, succeeding Carlos Zarlenga, whose next role remains undisclosed. Additionally, Jean Philippe Imparato will transition from leading the Pro One commercial vehicle division to the position of COO for Enlarged Europe, while outgoing COO Uwe Hochgeschurtz will depart from Stellantis.
The management restructuring also includes changes at Alfa Romeo and Maserati, with Santo Ficili taking on the dual role of CEO for both brands. This decision sees Imparato step aside from his position at Alfa Romeo, with the future role of outgoing Maserati chief Davide Grasso yet to be announced. These leadership adjustments reflect Stellantis’ commitment to adapting to the challenges of the automotive sector and aligning its leadership team with its long-term objectives.
Stellantis is currently facing headwinds, with a reported 17% decline in sales across its six brands through the third quarter of 2024. Tavares has previously hinted at the possibility of discontinuing underperforming brands in response to these challenges.
Although sales for Jeep, Dodge, and Ram have decreased, these brands continue to maintain a significant vehicle sales volume and are set to introduce new electric models in the near future. The company’s proactive approach aims to revitalize its offerings in the competitive market.
In contrast, smaller brands within the Stellantis portfolio, such as Alfa Romeo and Fiat, have struggled, posting only 6,826 and 786 sales, respectively, during the first nine months of 2024.
Additionally, the Chrysler brand is experiencing a decline, with just one remaining model available for sale following the discontinuation of the 300 sedan. These circumstances highlight the critical need for Stellantis to adapt its strategies and leadership to foster growth and profitability in an increasingly competitive automotive environment.