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Stellantis’ CEO promises to leave in 2026 after mostly making a mess of things

And will the company stay in Michigan?

The company announced today that CEO Carlos Tavares will retire at the end of his contract in 2026, and a host of other executives are being shuffled around immediately. Knight is leaving the company, Filosa will keep his role at Jeep in addition to becoming North American COO, and Zarlenga’s new position will be announced later. While the company was profitable in 2023, it’s been slow to adopt electric vehicles compared to almost every other automaker, and prices of popular models under Jeep and Ram started to skyrocket.

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