Proud For Profits
  • Investing
  • Stock
  • Latest News
  • Economy
  • Investing
  • Stock
  • Latest News
  • Economy
No Result
View All Result
Proud For Profits
No Result
View All Result
Home Stock

Stellantis denies report about new CEO pick

by
December 4, 2024
in Stock
0
Stellantis denies report about new CEO pick

Investing.com — Stellantis (EPA:STLAM) dismissed a report by Corriere della Sera suggesting that outgoing Apple (NASDAQ:AAPL) CFO Luca Maestri was being considered as the company’s next CEO, Reuters reported on Wednesday. 

A Stellantis spokesperson denied the claim, describing it as “not true,” following speculation that Chairman John Elkann planned to name Maestri as a replacement for CEO Carlos Tavares, who resigned unexpectedly late Sunday.

This comes after Tavares reportedly stepped down due to disagreements with the board and major shareholders, prompting Stellantis to actively search for a successor. 

The board is evaluating internal candidates, including Antonio Filosa, head of North American operations, and Maxime Picat, the company’s procurement chief, while also remaining open to external candidates, according to Reuters. 

Maxime Picat, currently the chief purchasing and supplier quality officer, has a long history with Stellantis and its predecessor companies. 

He joined Peugeot (OTC:PUGOY) in 1998 and held roles such as managing director of DongFeng Peugeot Citroen Automobiles in China before becoming Stellantis’ chief operating officer for the enlarged Europe region following the group’s formation in 2021.

Antonio Filosa, an Italian who joined Fiat (BIT:STLAM) in 1999, has held several leadership roles, including Fiat Chrysler chief in Latin America. 

After serving as Stellantis COO for South America, Filosa was appointed COO for North American operations in October 2023 during a management reshuffle. He also serves as the global head of the Jeep brand, a role he continues to hold.

This post appeared first on investing.com
Previous Post

Marvell stock surges as strong AI demand yields earnings beat, strong guidance

Next Post

Pure Storage rallies 17% after earnings beat, strong guidance

Next Post
Pure Storage rallies 17% after earnings beat, strong guidance

Pure Storage rallies 17% after earnings beat, strong guidance

Enter Your Information Below To Receive Trading Ideas and Latest News

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Popular News

    Nearly all of DC shut down for Trump’s inauguration. So why was there no designated survivor?

    Nearly all of DC shut down for Trump’s inauguration. So why was there no designated survivor?

    January 22, 2025
    Trump’s FBI overhaul begins as Acting Director Brian Driscoll puts ‘untouchable’ feds on notice: former agent

    Trump’s FBI overhaul begins as Acting Director Brian Driscoll puts ‘untouchable’ feds on notice: former agent

    January 22, 2025
    5 Top Canadian Oil and Gas Dividend Stocks in 2025

    5 Top Canadian Oil and Gas Dividend Stocks in 2025

    January 22, 2025
    Track all markets on TradingView

    About Proud For Profits

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Main Categories

    • Investing
    • Stock
    • Latest News
    • Economy

    Latest News

    • Nearly all of DC shut down for Trump’s inauguration. So why was there no designated survivor?
    • Trump’s FBI overhaul begins as Acting Director Brian Driscoll puts ‘untouchable’ feds on notice: former agent
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 proudforprofits.com | All Rights Reserved

    No Result
    View All Result
    • Investing
    • Stock
    • Latest News
    • Economy

    Copyright © 2025 proudforprofits.com | All Rights Reserved