Stellantis workers react to CEO stepping down

After serving as CEO of Stellantis for nearly four years, Carlos Tavares is resigning from his role with the automotive manufacturing company. According to a release from the company, Tavares' resignation was accepted by the Company’s Board of Directors and is effective immediately. Stellantis says the search for Tavares' replacement is "well under way", with a Special Committee of the Board managing the search, which the company says will conclude within the first half of 2025.