logo
  

Stellantis: Carlos Tavares To Step Down From Airbus Board

Stellantis N.V. (STLA), one of the world's leading automakers and a mobility provider, announced that the company's CEO Carlos Tavares has decided to step down from the Airbus (EADSF.PK,EADSY.PK) Board at the end of his second term in 2022. Stellantis said the personal decision should allow Carlos to dedicate full professional time to leading Stellantis through the current transformation period in the automotive industry.

On 16 January 2021, Peugeot SA merged into Stellantis N.V. and Carlos Tavares was appointed as Chief Executive Officer of Stellantis N.V.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Royal Caribbean Group's ultra-luxury brand Silversea Cruises is set to launch the world's first hybrid-powered cruise ship in the summer of 2023. This will also be the first ship with large-scale fuel cell technology to enable emission-free port operations. The fuel cells will provide 100% of power while at port. Affco USA is recalling around 24,461 pounds of frozen raw lamb shoulder products that were not presented for import re-inspection into the U.S., the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS announced. The recall involves the frozen raw lamb shoulder items that were imported on July 12, 2021. American Express Company (AXP) reported an increase in profit for the third quarter that also topped Wall Street estimates. Consolidated total revenues net of interest expense rose 25 percent year-on-year, primarily reflecting growth in Card Member spending, as well as a rise in the average discount...
Follow RTT