Stellantis Stock Falls as CEO Departs: What Investors Should Know

Stellantis N.V. NYSE: STLA stock is down over 2% after the announcement that chief executive officer (CEO) Carlos Tavares was resigning, effective immediately. The company says a search is ongoing, and a new CEO is expected to be announced in the first half of 2025. In the interim, an executive committee will run the parent company for brands such as Chrysler, Jeep, Fiat, and Peugeot. Stellantis TodaySTLAStellantis$12.73 +0.22 (+1.76$12.12▼$29.51Price Target$27.34Add to WatchlistHowever, in ...