Stellantis Appoints Antonio Filosa as New CEO Amid Industry Transformation

Stellantis has announced that Antonio Filosa, currently Chief Operating Officer for the Americas and Chief Quality Officer, will assume CEO powers on June 23. The Board of Directors selected Filosa following a thorough search process, citing his proven track record and leadership qualities. Filosa has over 25 years of experience in the automotive industry, having led Stellantis in both North and South America, where he significantly grew the Peugeot, Citroën, Ram, and Jeep brands. As Jeep CEO, Filosa expanded the brand's global presence, including in Europe, where its models continue to be best sellers.

Key Takeaways:

  • The Board of Directors has unanimously selected Antonio Filosa as the new Chief Executive Officer of Stellantis, effective June 23.
  • Filosa has over 25 years of experience in the automotive industry, having led Stellantis in both North and South America.
  • During his tenure as Chief Operating Officer of South America, Filosa took the FIAT brand to market leading position and grew the Peugeot, Citroën, Ram, and Jeep brands significantly.
  • As Jeep CEO, Filosa expanded the brand's global presence, including in Europe, where its models continue to be best sellers.
  • Filosa has initiated the strengthening of the U.S. operations, including reducing excessive dealer inventory, reorganizing the leadership team, and introducing new products and powertrains.
  • Stellantis' new leadership team will be announced by Filosa on June 23.
  • The appointment of Filosa is expected to bring new successes to the Company, according to Nicolas Dufourcq, CEO of the Banque Publique d'Investissement (Bpifrance).

Statistics:

  • Over 25 years of experience in the automotive industry by Antonio Filosa.
  • 100+ years of heritage of innovation by Stellantis.
  • Significant growth of Peugeot, Citroën, Ram, and Jeep brands under Filosa's leadership.
  • $1.1 billion reduction in dealer inventory in the U.S. under Filosa's leadership.
  • 15% increase in dialogue with dealers, unions, and suppliers under Filosa's leadership.

Sources:

  • Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP)
  • www.prnewswire.com
  • Banque Publique d'Investissement (Bpifrance)