Stellantis dips after CEO Carlos Tavares to retire in 2026

Business

Stellantis dips after CEO Carlos Tavares to retire in 2026

Fri, Oct 11, 2024 0 Comments

Audio By Carbonatix

(Reuters) – Milan-listed shares in Stellantis slipped around 1% on Friday after the carmaker confirmed the retirement of CEO Carlos Tavares in 2026 and announced major senior management changes.

Paris-listed shares were also down around 1% following the news.

Including Friday’s move the Milan-listed stock has dropped by 43% year-to-date.

(Reporting by Romolo Tosiani; editing by David Evans)

Previous Porsche’s nine-month China sales plunge by third

Next UK’s Saga shares soar on exclusive insurance talks with Belgium’s Ageas

Salem News Channel | Today

More Business Headlines

Other News to Consider

Follow SRNNews.com

on Facebook

@SRNNews

Subscribe to our Newsletters RSS Feeds

Salem Media, our partners, and affiliates use cookies and similar technologies to enhance your browsing experience, analyze site traffic, personalize site content, and deliver relevant video recommendations. By using this website and continuing to navigate, you consent to our use of such technologies and the sharing of video viewing activity with third-party partners in accordance with the Video Privacy Protection Act and other privacy laws. Privacy Policy

X CLOSE

Email to a Friend

Stellantis dips after CEO Carlos Tavares to retire in 2026

(Reuters) – Milan-listed shares in Stellantis slipped around 1% on Friday after the carmaker confirmed the retirement of CEO Carlos Tavares in 2026 and announced major senior management changes. Paris-listed shares were also down around 1% following the news. Including Friday’s move the Milan-listed stock has dropped by 43% year-to-date. (Reporting by Romolo Tosiani; editing […]

X close