Reported about 11 hours ago
Stellantis' new CEO Antonio Filosa has retained his previous position overseeing the North American market while keeping the senior management largely unchanged, resulting in a decrease of over 5% in the company’s shares shortly after his appointment. Filosa's decision to maintain his role aims to address ongoing issues in the North American division, but investors have expressed disappointment over the lack of significant leadership change, contributing to a 10% drop in shares since his appointment.
Source: YAHOO