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Stellantis Shares Slump More Than 7.5% After CEO's Sudden Resignation
STLAStellantis(STLA) Forbes·2024-12-02 11:20

ToplineShares of Stellantis—the automaker that owns key brands including Jeep, Ram and Chrysler—tanked sharply on Monday morning, hours after the company announced it had accepted CEO Carlos Tavares’ abrupt resignation.Stellantis CEO Carlos Tavares announced his resignation on Sunday.Copyright 2023 The Associated Press. All rights reserved. Key FactsThe Italian-American automaker’s Paris-listed shares were down more than 7.5% to around $12.1 (€11.5) after markets opened in Europe, while its New York Stock E ...