Carmaker boss seldom in the spotlight takes over a $51bn empire
Carlos Tavares has shown little desire to a celebrity CEO such as Iacocca or Marchionne
18 January 2021 - 17:52
New York/Detroit/Milan — The newly minted merger of Fiat Chrysler Automobiles and PSA Group is poised to raise the global profile of an under-the-radar CEO who will lead a vast and hugely complex carmaker with quiet intensity.
The market debut of Stellantis, the group formed by the Italian-American and French motor manufacturers, is a coming-out party for its leader, Carlos Tavares. The shares surged as much as 8.5% in Milan on Monday, valuing one of the world’s largest-volume carmakers at more than €42bn ($51bn). ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.