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Stellantis N.V. (NYSE:STLA) shares are trading lower on Friday. The company disclosed that it is in the process of finding a successor for CEO Carlos Tavares, who will retire in early 2026, is already underway. This effort, led by a Special Committee of the Board chaired by John Elkann, is expected to conclude by the fourth quarter of 2025. Apart from this, Stellantis also disclosed other management changes, effective immediately. Stellantis appointed Doug Ostermann as Chief Financial Officer, succeeding Natalie Knight, who is departing the company. Stellantis CEO Carlos Tavares said, “During this Darwinian period for the automotive industry, our duty and ethical responsibility is to adapt and prepare ourselves for the future, better and faster than our competitors to deliver clean, safe, and affordable mobility.” ”The ...


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