Carlos Tavares has resigned as the CEO of Stellantis effective immediately, following pressure from the board amid concerns over his management style. His departure includes a substantial compensation package estimated in the tens of millions of euros. Tavares was the…

Stellantis has officially confirmed the departure of CEO Carlos Tavares, whose tenure was initially set to last until 2026. A new executive committee, led by John Elkann, will guide the company until a permanent successor is named, expected by mid-2025….