Carlos Tavares out as Stellantis CEO a year ahead of planned exit
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Stellantis CEO Carlos Tavares has unexpectedly left the company, effective immediately, over a year ahead of his planned exit. This comes amid a slump in the company's stock.
December 01, 2024 | 11:00 pm
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Stellantis CEO Carlos Tavares has left the company unexpectedly, more than a year ahead of his planned exit. This sudden leadership change occurs amid a slump in Stellantis' stock price.
The unexpected departure of CEO Carlos Tavares could lead to uncertainty and instability within Stellantis, potentially affecting investor confidence and contributing to further stock price declines. The leadership change comes amid an existing stock slump, which may exacerbate negative sentiment.
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