Stellantis CEO Carlos Tavares abruptly quits as US Jeep, Ram sales falter
MILAN/DETROIT (Reuters) -Stellantis Chief Executive Carlos Tavares resigned abruptly on Sunday, two months after a profit warning at the maker of Jeep, Fiat and Peugeot cars that has lost around 40% of its value this year. Senior Independent Director Henri de Castries said in a statement that different views emerged in recent weeks among major shareholders, the board and Tavares resulting in the CEO's resignation. Stellantis said in a statement on Sunday that its board, including Chairman John Elkann, accepted the CEO's resignation "with immediate effect" and that a new interim executive committee, chaired by Elkann, would be established.