Stellantis (NYSE: STLA) said today it is taking more steps to simplify its organization aligned with its shakeup in December 2024. These measures allow for the right balance between regional and global responsibilities to enable speed of decision and execution. They further reinforce Stellantis’ commitment to listening to the voice of the customer and lay the ground for renewed growth. (Read AutoInformed.com on: Carlos Tavares Out as Stellantis CEO and Stellantis Q3 2024 – Shipments and Revenues Plunge)
“Through targeted organizational adjustments, the regions now have enhanced local decision-making and execution capabilities in respect of product planning, product development, industrial and commercial activities, while maintaining coordination with the Company’s global functions to best serve their customers,” Stellantis said. However, there still is no new permanent Chief Executive Officer from the Special Committee of the Board of Directors at a time when Trump’s executive orders – viz tariff’s – are wreaking havoc in the auto industry. Stellantis shares are down ~8% this morning.
Changes at a Glance
- Software activities are now integrated into a Product Development & Technology organization, led by Ned Curic, streamlining the process of bringing to market innovative products and services for all the brands in all the markets where the Company operates.
- In addition to his current role as America’s Regions COO, Antonio Filosa takes on the global leadership of Quality, which is core to the Company’s promise to customers.
- Corporate Affairs and Communications are combined to better support the Company’s constant engagement with all its stakeholders led by Clara Ingen-Housz.
- A new Marketing Office is created, led by Olivier François, regrouping the brand marketers to better support the brands, in particular through its advertising, global events and sponsorships.
- Bob Broderdorf is appointed to lead the Jeep® brand.
- Alain Favey joins Stellantis and is appointed to lead the Peugeot brand.
- Xavier Peugeot is appointed to lead the DS Automobiles brand.*
- Anne Abboud is appointed to lead Stellantis Pro One commercial vehicles unit.
*Xavier Peugeot, 60, who holds a master’s degree in management and a master’s degree from the universities of Paris la Sorbonne and Paris Dauphine respectively, joined the PSA Peugeot Citroën group in 1994. He held various positions in the fields of sales and marketing, including Director of the Peugeot Netherlands subsidiary between 2005 and 2007, and Marketing and Communication Director of the Peugeot brand from 2009 to 2011. In 2012, as Peugeot Product Director, he made a major contribution to the construction of a coherent and global range for the lion brand. In 2014, he took over the management of Citroën Product and promoted the renewal of an attractive range aimed at making mobility accessible to all. In 2019, he became Director of the Commercial Vehicles Business Unit, for PSA and then Stellantis.
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn.
He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe.
Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap.
AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks.
Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
More Stellantis Executive Changes as Stock Drops
Stellantis (NYSE: STLA) said today it is taking more steps to simplify its organization aligned with its shakeup in December 2024. These measures allow for the right balance between regional and global responsibilities to enable speed of decision and execution. They further reinforce Stellantis’ commitment to listening to the voice of the customer and lay the ground for renewed growth. (Read AutoInformed.com on: Carlos Tavares Out as Stellantis CEO and Stellantis Q3 2024 – Shipments and Revenues Plunge)
“Through targeted organizational adjustments, the regions now have enhanced local decision-making and execution capabilities in respect of product planning, product development, industrial and commercial activities, while maintaining coordination with the Company’s global functions to best serve their customers,” Stellantis said. However, there still is no new permanent Chief Executive Officer from the Special Committee of the Board of Directors at a time when Trump’s executive orders – viz tariff’s – are wreaking havoc in the auto industry. Stellantis shares are down ~8% this morning.
Changes at a Glance
*Xavier Peugeot, 60, who holds a master’s degree in management and a master’s degree from the universities of Paris la Sorbonne and Paris Dauphine respectively, joined the PSA Peugeot Citroën group in 1994. He held various positions in the fields of sales and marketing, including Director of the Peugeot Netherlands subsidiary between 2005 and 2007, and Marketing and Communication Director of the Peugeot brand from 2009 to 2011. In 2012, as Peugeot Product Director, he made a major contribution to the construction of a coherent and global range for the lion brand. In 2014, he took over the management of Citroën Product and promoted the renewal of an attractive range aimed at making mobility accessible to all. In 2019, he became Director of the Commercial Vehicles Business Unit, for PSA and then Stellantis.
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn. He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe. Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap. AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks. Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.