Stellantis denies report about picking Apple's Maestri as new CEO
December 04, 2024 at 03:16 am
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MILAN (Reuters) - French-Italian car maker Stellantis on Wednesday denied a report in Corriere della Sera daily that it planned to name outgoing Apple finance chief Luca Maestri as its new chief executive.
"It is not true," a spokesperson for Stellantis said, after Corriere reported that Stellantis Chairman John Elkann planned to name Maestri following the departure of CEO Carlos Tavares.
(Reporting by Giulio Piovaccari; Writing by Valentina Za, editing by Cristina Carlevaro)
Carlos Tavares is a Portuguese businessperson who has been at the head of 7 different companies and holds the position of Chief Executive Officer & Executive Director at Stellantis NV and Chairman at Peugeot Citroën Automobiles SA (a subsidiary of Stellantis NV). Mr. Tavares is also on the board of Airbus SE and Airbus Holding SA and Chairman at Fondation PSA Peugeot Citroën.
Mr. Tavares previously held the position of President of European Automobile Manufacturers Association, Chief Operating Officer of Renault SA, Director at Nissan Motor Co., Ltd. and Chairman & President for Nissan North America, Inc. (a subsidiary of Nissan Motor Co., Ltd.), General Manager-Micro Enterprise at Bed & Breakfast Association of Kentucky, Member-Managing Board at Renault-Nissan-Mitsubishi Alliance, Chairman-Supervisory Board at Opel Automobile GmbH and Chairman-Management Board at Peugeot SA.
Mr. Tavares received an undergraduate degree from École Centrale Paris.
Stellantis N.V. is one of the world's leading car manufacturers. The activity is essentially organized around 4 sectors:
- sales of passenger cars and light commercial vehicles: Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, Fiat, Jeep, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys brands;
- sale of luxury vehicles: Maserati and DS Automobiles brands;
- sale of automotive equipment: interior systems, car seats, car exteriors, emission control systems, etc.;
- other: sales financing services (purchase, rental, leasing, etc.), after-sales services, etc.; - other: sales financing services (purchase, rental, leasing, etc.).
Net sales are distributed geographically as follows: the Netherlands (0.8%), North America (46.7%), France (9.5%), Brazil (7.3%), Italy (6.2%), Germany (5.5%), the United Kingdom (4.4%), China (0.6%) and other (19%).
