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Stellantis should announce new CEO before end of H1 - Peugeot Invest Chairman
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Stellantis should announce new CEO before end of H1 - Peugeot Invest Chairman
May 26, 2025 10:40 AM

PARIS, May 20 (Reuters) - French-Italian carmaker

Stellantis ( STLA ) plans to name a new chief executive before

the end of the first half of the year, chairman of Peugeot

Invest, Stellantis' ( STLA ) second-largest shareholder said on Tuesday.

Robert Peugeot also told the annual shareholders meeting

that Stellantis' ( STLA ) first half of 2025 would be difficult, a bit

similar to the second half of 2024, and that measures were under

way to help Stellantis ( STLA ) recover.

Former Stellantis ( STLA ) CEO Carlos Tavares abruptly left the

company - maker of Jeep and Peugeot brand cars - in December

following a dramatic plunge in sales and profit.

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