On December 3, Stellantis said in a statement that before the new CEO candidate is determined, the interim executive committee led by its chairman John Elkann will control the company’s operating direction and conduct business supervision on behalf of the company’s board of directors, thereby replacing the departing CEO Tang Weishi to fill the vacancy in the company’s leadership.
The company said it plans to appoint a new CEO in the first half of next year.
The Interim Executive Committee of Stellantis will be chaired by John Elkann.
Other members and responsibilities are as follows: Xavier Chéreau, Human Resources Director of Stellantis, is responsible for human resources and brand history and cultural heritage.
Ned Curic, Director of Engineering, Technology and Software, is responsible for managing engineering and technology, software and mobile travel businesses Free 2move.
Arnaud Deboeuf is responsible for managing manufacturing and supply chain.
,Antonio Filosa is responsible for the Americas (North and South America), managing the Chrysler, Dodge, Jeep®, Ram brands and the North American design team (Including Maserati Design).
,Béatrice Foucher is responsible for planning.
,Jean-Philippe Imparato is responsible for Europe, managing the Pro One commercial vehicle business and the Abbas, Alfa Romeo, Citroen, DS, Fiat, Lancia, Opel and Peugeot brands, as well as the European design team.
,Douglas Ostermann is responsible for finance.
,Maxime Picat is responsible for purchasing and supplier quality, managing the Middle East and Africa, India and Asia Pacific, as well as China and Zero Run International.
Philippe de Rovira is responsible for managing affiliated companies and businesses.
, At the same time, Stellantis said that Richard Palmer, the company’s former chief financial officer, has been appointed as a special adviser to Chairman John Elkann and will attend the company’s interim executive committee meeting as a think tank for the management team.
Amid major turmoil in the automotive industry, Stellantis is under pressure to restore decision-making capabilities.
Stellantis needs to stop its downward trend in U.S. sales and address overcapacity in Europe, where demand for electric vehicles is weakening.
Photo source: Dodge, on December 2, after the news of Tang Weishi’s departure was announced, Stellantis’s share price fell 6.3%. So far this year, the stock has fallen by about 44%.
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