Former CEO Carlos Tavares resigned in December after the firm issued a profit warning on slumping sales in the US and Europe.
Stellantis on Monday named North American chief operating officer Antonio Filosa as the company’s new CEO.
Filosa, who is 51, will assume his new powers on 23 June, although a shareholder meeting is required to formally appoint him. Stellantis said that this meeting would be “called in the coming days”.
As President Donald Trump’s tariff policies continue to threaten multinational carmakers, the Italian COO is tasked with turning Stellantis’ fortunes around in the face of market headwinds.
“The Board selected Antonio Filosa to be CEO based on his proven track record of hands-on success during his more than 25 years in the automotive industry, the depth and span of his experience around the world, his unrivalled knowledge of the Company and his recognised leadership qualities,” Stellantis said on Monday.
Filosa’s predecessor, Carlos Tavares, resigned suddenly in December 2024 after Stellantis issued a profit warning in September.
Sales in North America were particularly lacklustre, leaving dealers with a backlog of unsold vehicles. Tavares also clashed with Stellantis’ board over his electrification strategy. The CEO was keen to push for 100% battery electric vehicle (BEV) sales in Europe by 2030, while the board wanted to slow the pace of the transformation.
In the wake of Tavares’ departure, Filosa was promoted to lead Stellantis’ North America operations.
Having fought off external and internal candidates, the Naples-born COO will now take charge of Stellantis’ 14 brands, including Peugeot, Fiat, Chrysler, Citroën and Jeep.
