Stellantis’ new CEO Antonio Filosa will retain his previous role as head of the key North American market, the group said on Monday as Filosa unveiled a new management team on his first day at the helm of the world’s fourth-largest automaker.
Stellantis announced Filosa’s appointment at the end of May, following a six-month quest to replace former CEO Carlos Tavares who stepped down in December after a fall in profits and sales.
CFO Doug Ostermann and Technology and Engineering Chief Ned Curic, two key figures in the group’s organisation, were confirmed in their roles, with Ostermann also taking charge of mergers and acquisitions and joint ventures, the company said in a statement.
Jean-Philippe Imparato will continue to lead Stellantis’ European business.
Maxime Picat, the group’s former chief purchasing and supplier quality officer, who ran with Filosa for the CEO job and is now seen as a candidate to succeed Luca De Meo as CEO of Renault, has left Stellantis, the company said.
Filosa, who turns 52 on Thursday, will aim to turn around Stellantis’ performance and market shares, especially at its North American profit powerhouse, and boost its flagging stock price while managing the consequences of Donald Trump’s trade policies.
An Italian, Filosa will for now be based mainly in Detroit.
(Reporting by Giulio Piovaccari)
