Stellantis Names Antonio Filosa as Next CEO Amid Turbulent Times
Antonio Filosa, a seasoned executive with a deep understanding of the company and its people, has been chosen to become the next CEO of Stellantis. Filosa, who served as chief operating officer for the Americas and chief quality officer, will take over the role from Carlos Tavares, who announced his departure in October. The transition comes as the company faces significant challenges, including dropping profits, sales issues, and the uncertainty of the Trump administration's tariffs. Filosa has a track record of success, having expanded Jeep's global presence and taken the Fiat brand to market-leading position.
Key Takeaways:
- Antonio Filosa has been appointed as the next CEO of Stellantis, effective June 23.
- Filosa succeeds Carlos Tavares, who announced his departure in October 2025.
- Stellantis faces significant challenges, including dropping profits, sales issues, and the uncertainty of the Trump administration's tariffs.
- Filosa has a track record of success, having expanded Jeep's global presence and taken the Fiat brand to market-leading position.
- The company has experienced a 14% annual net revenue downturn in the first quarter of 2025, prompting the withdrawal of its full-year performance guidance.
- Stellantis has temporarily shut down four plants due to tariffs, affecting 4,500 Canadian workers and 900 in the U.S.
- The company delayed the launch of the Ram 1500 electric pickup, citing a "very significant amount of workload" and the need to carefully validate its products.
Statistics:
- 14% annual net revenue downturn in the first quarter of 2025
- 4,500 Canadian workers laid off due to plant shutdowns
- 900 U.S. workers laid off due to plant shutdowns
- 100-year heritage of innovation in the automotive industry
- 7 brands under Stellantis, including Chrysler, Dodge, Ram, Jeep, Fiat, Alfa Romeo, and Maserati
Sources:
- May 28 (UPI) -- Stellantis on Wednesday announced that Antonio Filosa, a top executive in the Dutch automaker's Americas branch, will become its next CEO.
- Stellantis statement on Filosa's appointment
- Interview with Carlos Tavares in October 2025
- Stellantis first-quarter 2025 earnings report
- April 2025 - temporary shutdown of four plants due to tariffs.