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Stellantis names Italian car executive
Antonio Filosa its new CEO
[May 28, 2025]
By COLLEEN BARRY
MILAN (AP)
— Stellantis, the world’s fourth-largest carmaker, named Italian auto
executive Antonio Filosa as its new chief executive officer Wednesday,
replacing Carlos Tavares, who resigned under pressure last year.
Filosa, who
is currently Stellantis’ chief operating officer for the Americas and
chief quality officer, takes the post effective June 23, when he is
expected to announce his leadership team. |
The Stellantis sign is seen outside the Chrysler Technology Center, Jan.
19, 2021, in Auburn Hills, Mich. Stellantis on April 26, 2023. (AP
Photo/Carlos Osorio, File) |
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The
move returns the running of Stellantis, created from the 2021
merger of France’s PSA Peugeot with Italian-US carmaker Fiat
Chrysler Automobiles, to Italian hands after three years under
Tavares, who previously served as Peugeot’s top executive. John
Elkann, heir to the Fiat-founding Agnelli family, remains
chairman.
Elkann praised Filosa’s “deep understanding of our company,
including its people, who he views as our core strength, and of
our industry.”
Robert Peugeot said the board’s choice was unanimous, calling
Filosa a “natural choice” due to his leadership track record and
knowledge of the business and “the complex dynamics facing our
industry.”
Filosa joined Fiat in 1999, spending much of his career in Latin
America where held positions from plant manager to head of
purchasing and later chief operating officer. He was credited
with making the Fiat brand the regional market leader and
boosting the market share of the Peugeot, Citroen, Ram and Jeep
brands.
He was promoted to chief operating officer of the Americas in
2024 in an executive shakeup as sales slumped in North America,
its main source of profits.
Stellantis has been lagging globally in the transition to
electric powertrains and facing stiff Chinese competition.
Analysts also have said Stellantis, with 14 brands, is yoked by
too many under-performers, including Maserati and Chrysler.
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