
Shareholders in Jeep owner Stellantis back new CEO
Stellantis
, owner of
Jeep
,
Fiat
and
Peugeot
, on Friday gave their overwhelming approval to new
CEO Antonio Filosa
, a company veteran who last month succeeded
Carlos Tavares
in the job.
His nomination was backed nearly unanimously -- by 99.2 per cent -- in the extraordinary shareholders' meeting, allowing him to sit on the board of the world's fourth-biggest auto group.
Filosa, a 52-year-old Italian, was in May tapped to take over from Tavares, the company's Portuguese boss who was sacked in December. Filosa took up his new role on June 23.
His task will be to jump-start performance at the struggling group, whose 14 brands also include Chrysler, Dodge and Maserati.
Filosa previously headed Stellantis's North America operations, and will continue to do so as CEO. That region accounts for most of the company's profits.
The company's chairman, John Elkann, heir to the family that founded Fiat, said Filosa was "deeply involved" in efforts to "constructively interact" with the government of US President Donald Trump, who has slapped 25-per cent tariffs on car imports.

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an hour ago
- Time of India
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