Carlos Tavares out as Stellantis CEO a year ahead of planned exit

Core Viewpoint - Stellantis CEO Carlos Tavares has left the company effective immediately, a decision influenced by differing views between him and the board amid a stock slump [1][2][3] Group 1: Leadership Changes - Tavares' resignation was accepted by Stellantis' board of directors, who thanked him for his service and cited "different views" as the main reason for his departure [2] - Tavares had been CEO since the formation of Stellantis in 2021, following the merger of PSA Group and Fiat Chrysler Automobiles [3] - Despite previous unanimous support from the board for Tavares, recent weeks saw emerging differences that led to the decision for his immediate exit [3] Group 2: Company Performance - Stellantis has experienced a significant decline in profits and stock value this year, contributing to the leadership change [3]