Stellantis Appoints Antonio Filosa as New CEO

Published 1 days agoSTLA

Stellantis Appoints Antonio Filosa as New CEO

Stellantis has announced the appointment of Antonio Filosa as its new Chief Executive Officer, effective June 23, 2025. This decision comes after the resignation of Carlos Tavares in December 2024, following a year marked by significant profit and sales declines. Filosa, who currently leads Stellantis' North American operations, is set to take over the reins of the world's fourth-largest automaker. Reuters reported on this leadership change, noting the strategic importance of the role amidst shifting automotive industry dynamics.

Filosa brings a wealth of experience in the automotive industry, having worked over 25 years in various leading roles. He first joined Fiat in 1999 and has since served as the Chief Operating Officer for South America and the CEO of the Jeep brand. At 51, Filosa is well-versed in global markets, particularly in South America, a region where he has been credited with achieving significant operational successes, according to AP News.

Facing the challenge of a 70% drop in net profit and a €6 billion cash burn in 2024, Filosa has clear priorities ahead. These include revitalizing Stellantis' position in the crucial U.S. market, optimizing their extensive 14-brand portfolio, and strengthening relationships with dealers, unions, and governments. The company, a result of the 2021 merger between Fiat Chrysler and PSA Group, confronts the pressing need to innovate towards electric vehicles and compete with a growing Chinese auto market.

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