Stellantis Group Announces Management Changes and Future Plans
TapTechNews October 11th news, the European automotive giant Stellantis Group today released an announcement. To promote process simplification and enhance organizational performance in the volatile global environment, Stellantis Group announced targeted management organizational changes, which took effect immediately.
Antonio Filosa takes over from Carlos Zarlenga as the chief operating officer of Stellantis Group in North America. In addition, Antonio Filosa will also continue to serve as the CEO of the Jeep brand. The next position of Carlos Zarlenga will be announced separately. Antonio Filosa has successfully led the outstanding performance of Stellantis Group in South America, promoting the increase of the group's revenue, quality and market share in the region, and this excellent performance has brought rich leadership and business experience to his new position.
Jean-Philippe Imparato takes over from Uwe Hochgeschurtz as the chief operating officer of Stellantis Group in Europe. In addition, Jean-Philippe Imparato will also continue to serve as the CEO of the group's ProOne commercial vehicle business. Uwe Hochgeschurtz will leave the Stellantis Group. Jean-Philippe Imparato has nearly 34 years of management experience in brands, business departments and commercial networks within the group. He will strengthen the group's business performance in Europe during the critical period of energy transformation and will pay special attention to sales performance.
Douglas Ostermann takes over from Natalie Knight as the chief financial officer of Stellantis Group. Natalie Knight will leave the Stellantis Group. Douglas Ostermann has more than 19 years of financial management experience and has served in three multinational groups including Stellantis Group and another automaker. Before this appointment, Douglas Ostermann served as the chief operating officer of Stellantis Group in China. Douglas Ostermann has rich experience in the automotive industry as well as profit and loss management and finance.
Grégoire Olivier is appointed as the chief operating officer of Stellantis Group in China and continues to serve as the general manager of the Stellantis Group - Leapmotor Strategic Alliance to fully utilize his expertise and business management experience in the Chinese market.
Santo Ficili is appointed as the CEO of the Maserati brand and the Alfa Romeo brand and enters the global executive committee of the group to fully utilize his rich knowledge and experience in the automotive industry and business operations. The next position of the former CEO of the Maserati brand, Davide Grasso, will be announced separately.
In order to drive business performance, the group's supply chain business segment will be transferred from the group's procurement department led by Maxime Picat to the group's manufacturing department led by Arnaud Deboeuf. Maxime Picat will focus more on achieving performance improvement together with the group's supplier partners.
TapTechNews learned from the Stellantis Group announcement that the formal process of selecting the successor of Carlos Tavares has been initiated. Carlos Tavares will step down as the chief executive officer of Stellantis Group and retire when his term expires at the beginning of 2026. The above selection work is led by a special committee of the Stellantis Group board of directors and will be completed in the fourth quarter of 2025, with John Elkann serving as the chairman.
Previously, there were news that as a firm executor of the cost reduction and efficiency increase strategy, Carlos Tavares is trying to reverse the difficult situation. The company has suffered consecutive setbacks in the past few weeks, resulting in the下调 of the annual profit and cash flow expectations. Although many European automakers are also facing the challenge of weak demand, the extent and timing of Stellantis' warning have raised questions about its corporate governance.
Stellantis is facing problems such as high inventory, executive departures and declining sales in the US, especially after raising prices by more than its competitors. Currently, the CEO of Stellantis' largest shareholder Exor NV, John Elkann, is increasingly dissatisfied with the performance of the North American business.