Tavares says ‘amicable’ Stellantis exit was due to disagreements on strategy By Reuters
LISBON (Reuters) – Carlos Tavares, who abruptly resigned as CEO of carmaker Stellantis (NYSE:) on Dec. 1, said his “amicable” departure was motivated by disagreements with the board over strategy, in an interview published late on Thursday.
He did not go into details on his differences with the board of the Franco-Italian automaker, but told Portuguese newspaper Expresso the decision on his exit had been made jointly between him and chairman John Elkann.
Sources familiar with the matter have told Reuters his sudden ouster was triggered by targets set by Tavares that were deemed unrealistic or destructive by some board members.
Tavares told the newspaper that the main concern had been to “protect the company so that a difference in…
