Carlos Tavares departed the automaker in December. He's still owed severance payments and company shares, a report shows.

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 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.

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,

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

CEO, Carlos Tavares, left the automaker in December as the company struggled with issues from down sales to fights with stakeholders.

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,