Stellantis, Carlos Tavares

Carlos Tavares Got $24 Million As Stellantis Crashed And Burned
Former Stellantis CEO Carlos Tavares made $23.9 million last year. He’ll be getting an additional $12.5 million this year in severance and bonuses. While Tavares was deploying his golden parachute, Stellantis’ net profit fell 70% in 2024.
Stellantis reports ex-CEO Carlos Tavares' pay package for 2024, plus severance
Carlos Tavares departed the automaker in December. He's still owed severance payments and company shares, a report shows.
Carlos Tavares earns €12mn severance deal after Stellantis departure
Former Stellantis chief executive Carlos Tavares received a €23mn pay package in 2024 and a €12mn severance deal for his sudden resignation in December following a sharp deterioration in the carmaker’s performance.
Former Stellantis CEO Tavares' pay package fell 37% to $24 million in 2024
Carlos Tavares, the former CEO of global automaker Stellantis saw his total pay fall 37% last year to 23 million euros ($23.91 million) before he unexpectedly resigned in December. Tavares clashed with the Chrysler and Fiat owner's board over his near-term focus on cutting costs,
Carlos Tavares Took In $151 Million CAD During Stellantis CEO Stint
When Carlos Tavares departed as Stellantis CEO, it was after accumulating $151M CAD in 4 years. In his wake, he left a company going through a major crisis
Stellantis' ex-CEO had total compensation of more than $24M last year
The company said it had a net profit of $5.8 billion (5.5 billion euros) for the year, but a net loss of $133 million (127 million euros) in the second half. Tavares left Stellantis abruptly at the beginning of December,
Carlos Tavares Earned an Absurd Amount of Money as Stellantis CEO
Carlos Tavares suddenly abandoned the Stellantis ship in December, even though his five-year contract wasn’t set to expire until early 2026. The first and only CEO of Stellantis had held the position since January 2021,
Crain's Detroit1d
Stellantis puts ugly 2024 in the past as CEO search continues
After racking up hefty profits in the first three years of its existence, Stellantis' balance sheet took a dive in the second ...
Stellantis cautious on turnaround time as it searches for new CEO
Stellantis gave a cautious outlook for 2025 after its annual results took a hit from a slump last year in its U.S. business ...
'Very rough year': Stellantis profits fall 70% in 2024 amid weak sales, leadership change
In the carmaker's profit-rich U.S. market, vehicle sales fell 15% overall in 2024, and 7% for the fourth quarter. But the ...
Stellantis Chairman Is Reportedly Weighing Which Brands Should Be Axed
The company has the largest portfolio in the automotive industry, with 14 brands spread across the United States and Europe.
devdiscourse1d
Shakeup at Stellantis: CEO Exit Sparks Strategic Refocus
Carlos Tavares, former Stellantis CEO, resigned after his salary dropped 37% amid conflicts over cost-cutting strategies. His focus on pricing led to declining U.S. sales. Stellantis now cautiously ...
Stellantis reports net loss in second half of 2024
Stellantis had many struggles in 2024 and saw its CEO, Carlos Tavares, depart. A search is underway for his replacement.
Stellantis earnings preview: Big 3 automaker looks to put rough year behind it
Big Three automaker Stellantis warned of a “turbulent” year ahead. The company probably had no idea how true that would be.