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New CEO of Jeep owner Stellantis starts with leadership shake-up

Sales rose by seven percent in North America, Stellantis' most profitable market
North America, Stellantis' most profitable market. — © AFP Daniel LEAL
North America, Stellantis' most profitable market. — © AFP Daniel LEAL
Par Frédérique PRIS et Taimaz SZIRNIKS

Antonio Filosa began his tenure as chief executive of US-European auto giant Stellantis on Monday with a leadership shake-up, as he seeks to jump-start performance at the struggling maker of Jeep, Peugeot and Fiat vehicles.

The company veteran, an Italian who led Stellantis in North and South America, was named last month to succeed Portuguese CEO Carlos Tavares, who was sacked in December.

Italian executive Antonio Filosa has kept his role as head of North America at Stellantis

Italian executive Antonio Filosa has kept his role as head of North America at Stellantis – Copyright AFP Atta KENARE

Filosa, who turns 52 this week, is at the top of a 13-person leadership team with six members from France, four from Italy and three from the United States.

“The team I’m announcing today draws on all that is best in Stellantis,” Filosa said in a statement.

Filosa will retain oversight of the North American region, the region that accounts for most company profits whose struggles last year precipitated the fall of Tavares.

Doug Ostermann, an American who was chief financial officer, will oversee mergers and acquisitions while Monica Genovese replaces Maxime Picat as head of purchasing.

Picat, who was once seen as a potential successor of Tavares, has been mentioned as a possible replacement for Renault’s departing chief executive Luca de Meo.

AFP
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With 2,400 staff representing 100 different nationalities, AFP covers the world as a leading global news agency. AFP provides fast, comprehensive and verified coverage of the issues affecting our daily lives.

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