BusinessFinanceMarketsNews

Stellantis adopts simpler internal organisation as CEO search continues

No Comments

MILAN (Reuters) – Stellantis announced changes on Monday aimed at simplifying its structure and speeding up processes, as the automaker presses ahead with a reorganisation it started after former CEO Carlos Tavares left in December.

As part of the plan, Stellantis has integrated its software and engineering activities under Chief Engineering and Technology Officer Ned Curic, the company said in a statement.

It has also given greater powers in product planning and development and in industrial and commercial activities to its regional heads.

“Today’s announcements will further simplify our organisation and increase our local agility and rigour of execution,” said Chairman John Elkann, who is steering the company while it seeks a new permanent CEO.

Stellantis also announced changes to its top management structure.

The head of North American operations Antonio Filosa, who is seen as a candidate to become the group’s new CEO, has taken on the additional role of global chief for quality while leaving his job of head of the Jeep brand to Bob Broderdorf.

Alain Favey was appointed as head of the group’s Peugeot brand.

(Reporting by Giulio Piovaccari; editing by Gianluca Semeraro and Jason Neely)

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Fill out this field
Fill out this field
Please enter a valid email address.
You need to agree with the terms to proceed