Stellantis finally has a new CEO

Back in early December, then Stellantis CEO Carlos Tavares resigned, and from that point onwards the car-making conglomerate has been searching for a replacement.

This was finally found today, as Stellantis is now announcing that Antonio Filosa, a 25-year veteran of the company, will be its new CEO.

Filosa currently serves as COO for the Americas and Chief Quality Officer. He will assume CEO powers on June 23. He was unanimously selected by the board, "following a thorough search process of internal and external candidates".

Stellantis will now hold an Extraordinary Shareholder Meeting, to be called in the following days, during which Antonio Filosa will be elected to the board to serve as an executive director before he assumes full CEO powers on June 23.

The board selected him "based on his proven track record of hands-on success" during his long career, "the depth and span of his experience around the world", as well as his "unrivalled" knowledge of the company and his "recognized leadership qualities", the official press release notes.

During his tenure as COO of the South America region, he "took the FIAT brand to the market leading position" while also growing Peugeot, Citroen, Ram, and Jeep. While CEO of Jeep, he made Brazil the brand's biggest market outside of the US, and expanded its global presence, including in Europe.

As COO, Americas, he "initiated the strengthening of the US operations", reduced excessive dealer inventory, reorganized the leadership team, and increased "dialogue with dealers, unions, and suppliers".