Stellantis Appoints Antonio Filosa as New CEO Amidst Financial Challenges

Reported 2 days ago

Stellantis has appointed Antonio Filosa as its new CEO following a tumultuous year marked by significant financial setbacks, including a 14% revenue dip in Q1 2025 and a 70% net profit decrease in 2024. Filosa, who has been with the company since its formation in 2021 and has extensive experience in North and South America, will take over leadership on June 23, aiming to stabilize the automaker and address quality concerns while focusing on growth in the U.S. market.

Source: YAHOO

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