Stellantis Stock Tumbles After CEO Carlos Tavares Resigns. What Sealed His Fate.
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Stellantis' CEO Carlos Tavares has resigned, causing the company's stock to tumble. The board plans to appoint a new CEO by the first half of 2025.
December 02, 2024 | 10:00 am
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Stellantis' CEO Carlos Tavares has resigned, leading to a decline in the company's stock price. The board plans to appoint a new CEO by the first half of 2025.
The resignation of a CEO often leads to uncertainty and volatility in a company's stock price. Investors may be concerned about the leadership transition and its impact on the company's strategy and operations. The delay in appointing a new CEO until 2025 could prolong this uncertainty.
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