( ) -q-18- UNDATED (Correspondent Jeremy House) “well under way.” Stellantis CEO Carlos Tavares is stepping down after nearly four years in the top spot of the carmaker that owns brands like Jeep and Ram and Citroën and Peugeot. [CutID: <Cuts> STELLANTIS-CEO-house-q-MONam.mp3 Time: 18s Title: STELLANTIS-CEO-house-q-MONam Out-cue: well under way] TAG: Correspondent Jeremy House reporting. […]
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Stellantis CEO Tavares steps down as carmaker struggles
( ) -q-18- UNDATED (Correspondent Jeremy House) “well under way.”
Stellantis CEO Carlos Tavares is stepping down after nearly four years in the top spot of the carmaker that owns brands like Jeep and Ram and Citroën and Peugeot.
[CutID: <Cuts> STELLANTIS-CEO-house-q-MONam.mp3
Time: 18s
Title: STELLANTIS-CEO-house-q-MONam
Out-cue: well under way]
TAG: Correspondent Jeremy House reporting. As head of PSA Peugeot, Tavares took control of the company in January 2021 when it merged with Fiat Chrysler Automobiles. Beyond Jeep and Ram, Stellantis’ portfolio also includes brands such as Chrysler, Dodge, Maserati and Opel.
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VERBATIM: The world’s fourth-largest automaker announced that its board accepted Tavares’ resignation, executive immediately. The move comes amid the company’s continued struggle with slumping sales. The Netherlands-based company said the process of finding a new, permanent CEO is “well under way.”