Stellantis has announced a series of leadership changes aimed at simplifying its organization, improving decision-making, and positioning the company for growth. The automaker, which has faced declining sales and executive departures, is also working to repair customer relationships and move beyond the recent resignation of former CEO Carlos Tavares.
As part of the restructuring,
- Bob Broderdorf has been appointed head of the Jeep brand.
- Alain Favey will lead Peugeot.
- Xavier Peugeot will oversee DS Automobiles.
- Anne Abboud will take charge of the Stellantis Pro One commercial vehicles unit.
The company also announced structural adjustments, integrating software operations into a unified product development and technology division under Chief Engineering and Technology Officer Ned Curic.
In addition, Stellantis combined corporate affairs and communications, led by Clara Ingen-Housz, and established a new marketing office under Global Chief Marketing Officer Olivier Francois.
While the search for a permanent CEO is ongoing, Chairman John Elkann is leading an interim executive committee to manage operations. Stellantis expects to complete the appointment process in the first half of the year.
The restructuring comes amid industry-wide challenges, including slowing electric vehicle demand, increased competition from Chinese automakers, and economic uncertainty following new U.S. tariffs on imports from Mexico, Canada, and China. Stellantis shares dropped nearly 7% following the tariff announcement, reflecting broader declines among global automakers.Â
Moreover, the automaker previously signaled its intent to streamline operations in December, and the latest changes reinforce its strategy to enhance local decision-making across regions and strengthen its competitive position in the evolving automotive market.
