Stellantis is on the hunt for a new CEO — and whoever it is better be a miracle-maker.
I’ve talked about the company’s recent woes before. Stellantis has reported a steep 70% decline in net profit, falling from 18.6 billion euros ($19.5 billion) in 2023 to 5.5 billion euros ($5.77 billion) in 2024.
Imagine the new Barracuda as a Challenger replacement, while using the ‘Cuda name for performance versions.
On top of that, the company is in the midst of a leadership transition following the sudden departure of CEO Carlos Tavares late last year. Until a successor is named — expected in the first half of 2025 — Chairman John Elkann is overseeing operations alongside an interim executive committee.
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