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Stellantis, Carlos Tavares
Exclusive: 'Radical' targets toppled Tavares at Stellantis, sources say
Targets deemed unrealistic or destructive by some board members triggered the sudden fall of Stellantis CEO Carlos Tavares just a month after he received their full backing, two people with knowledge of the matter told Reuters.
Stellantis CEO Carlos Tavares clashed with board before quitting as shares tumble
Outgoing CEO Carlos Tavares clashed with Stellantis’ board over his plans to quickly turn around the ailing US business by cutting costs, rather than focusing on long-term strategy, investors and bankers familiar with the matter said on Monday.
Stellantis CEO Carlos Tavares resigns amid ‘different views’ with board
Stellantis NV CEO Carlos Tavares resigned Sunday amid the automaker’s recent declining profits, sharply falling sales this year in the United States and mounting criticism from dealers and unions in recent months.
1h
on MSN
Stellantis CFO reveals 2 tensions around the CEO's abrupt exit and promises to rebuild trust
US dealers and unions see Tavares's exit as a step toward rebuilding trust and accountability at the embattled automaker.
7h
on MSN
Stellantis board and Tavares disagreed on short term priorities, external relations, CFO says
Divergences between Carlos Tavares and Stellantis board members, which led to the CEO's abrupt resignation, were mainly over ...
2d
Stellantis dealers glad Tavares is out, but now concern grows for the future
Stellantis' next CEO faces a mountain of challenges, including overpriced vehicles with little demand, EVs arriving as the ...
3h
Stellantis financial chief explains Tavares departure, talks Trump tariffs
Doug Ostermann also said the company is far ahead of schedule in reducing bloated U.S. vehicle inventories in the fourth quarter.
2d
on MSN
Stellantis CEO Carlos Tavares steps down as carmaker continues struggle with slumping sales
Stellantis CEO Carlos Tavares is stepping down after nearly four years in the top spot of the carmaker that owns brands like ...
2d
Tavares resigns as Stellantis CEO after company struggles for months
Carlos Tavares, who had been under fire and was expected to leave at the end of his contract, resigned abruptly on Sunday.
2d
on MSN
Stellantis CEO Carlos Tavares resigns amid problems in U.S., falling sales
Stellantis CEO Carlos Tavares has unexpectedly resigned from the automaker amid increasingly “different views” between the ...
2d
Stellantis CEO Carlos Tavares abruptly quits as US Jeep, Ram sales falter
MILAN/DETROIT, Dec 1 (Reuters) - Stellantis (STLAM.MI) Chief Executive Carlos Tavares resigned abruptly on Sunday, two months ...
Opinion
1d
Opinion
Commentary: Stellantis CEO Carlos Tavares Is Gone
CEO Carlos Tavares has stepped down from his position. In a Stellantis press release, the company said the Board of ...
2d
on MSN
Stellantis CEO Tavares quits: Why his EV bet sparked his departure
Carlos Tavares has resigned as Stellantis CEO after nearly four years, amid plunging electric vehicle sales and rising ...
2d
Stellantis Shares Dive 8% After Tavares Leaves
Stellantis shares dropped just over after news CEO Carlos Tavares had stepped down early. Stellantis shares have lost almost ...
cbtnews
48m
Carlos Tavares removed after clashes over aggressive targets and cost-cutting strategies
Carlos Tavares’s immediate demise was due to his ambitious sales and cost-cutting targets, which many board members deemed ...
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