Stellantis reorganizes to enhance local decision-making, streamline processes, and respond better to customer needs.
Quiver AI Summary
Stellantis announced organizational changes aimed at simplifying its structure and enhancing local decision-making and execution capabilities to better respond to customer needs and support growth. Key adjustments include the integration of software activities into a new Product Development & Technology organization, led by Ned Curic, and the appointment of Antonio Filosa as global leader of Quality while retaining his role as COO of America’s Regions. Additionally, a Marketing Office has been created under Olivier François, consolidating brand marketers to enhance support for advertising and brand events. Other appointments include leadership for the Jeep, Peugeot, DS Automobiles, and Stellantis Pro One brands. Chairman John Elkann emphasized the changes will increase agility and execution, with a focus on expanding vehicle options, including combustion, hybrid, and electric models. The process for appointing a new permanent CEO is ongoing and expected to conclude by mid-2025.
Potential Positives
- Stellantis is enhancing local decision-making and execution capabilities, which can lead to faster responses to customer needs and market demands.
- The integration of software activities into a Product Development & Technology organization aims to streamline the process of bringing innovative products to market, potentially driving future growth.
- The creation of a new Marketing Office is expected to strengthen brand support and improve advertising and global event strategies, enhancing brand visibility and engagement.
- The company is positioned for growth through the announced changes, emphasizing its commitment to providing a diverse range of vehicles, including combustion, hybrid, and electric options.
Potential Negatives
- The announcement of organizational changes may indicate previous inefficiencies, suggesting that the company needed to simplify its structure to improve decision-making and execution.
- The ongoing process to appoint a new permanent Chief Executive Officer may raise concerns about leadership stability during a period of transition.
- The need for enhanced local decision-making capabilities could imply that previous centralized decision-making was inadequate in addressing market demands effectively.
FAQ
What organizational changes has Stellantis implemented?
Stellantis simplified its organization to improve local decision-making and execution while maintaining global coordination and responsibilities.
Who leads the new Product Development & Technology organization?
Ned Curic leads the integrated Product Development & Technology organization, streamlining product innovation across all brands.
What is the role of Antonio Filosa in Stellantis?
Antonio Filosa serves as the COO of America's Regions and now additionally leads global Quality at Stellantis.
Who is responsible for Stellantis' new Marketing Office?
Olivier François is appointed to lead the new Marketing Office, focusing on brand marketing and advertising initiatives.
When will Stellantis appoint a new permanent CEO?
The appointment of a new permanent CEO is expected to conclude within the first half of 2025.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
Full Release
Stellantis Simplifies Its Organization
AMSTERDAM, February 3, 2025 – Stellantis today takes steps to simplify its organization according to the changes communicated in December 2024 . These measures allow for the right balance between regional and global responsibilities to enable speed of decision and execution. They further reinforce Stellantis’ commitment to listening to the voice of the customer and lay the ground for renewed growth.
- Through targeted organizational adjustments, the regions now have enhanced local decision-making and execution capabilities in respect of product planning, product development, industrial and commercial activities, while maintaining coordination with the Company’s global functions to best serve their customers.
- Software activities are now integrated into a Product Development & Technology organization, led by Ned Curic, streamlining the process of bringing to market innovative products and services for all the brands in all the markets where the Company operates.
- In addition to his current role as America’s Regions COO, Antonio Filosa takes on the global leadership of Quality, which is core to the Company’s promise to customers.
- Corporate Affairs and Communications are combined to better support the Company’s constant engagement with all its stakeholders led by Clara Ingen-Housz.
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A new Marketing Office is created, led by Olivier François, regrouping the brand marketers to better support the brands, in particular through its advertising, global events and sponsorships.
Additional leadership changes include:
- Bob Broderdorf is appointed to lead the Jeep ® brand.
- Alain Favey joins Stellantis and is appointed to lead the Peugeot brand.
- Xavier Peugeot is appointed to lead the DS Automobiles brand.
- Anne Abboud is appointed to lead Stellantis Pro One commercial vehicles unit.
Stellantis Chairman John Elkann said: “Building on the changes made in December, today’s announcements will further simplify our organization and increase our local agility and rigor of execution. We look forward to driving growth by providing our customers with an even larger choice of great combustion, hybrid and electric vehicles.”
As announced in early December 2024, the process to appoint the new permanent Chief Executive Officer is well under way, managed by a Special Committee of the Board of Directors, and will be concluded within the first half of 2025.
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About Stellantis
Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is one of the world’s leading automakers aiming to provide clean, safe and affordable freedom of mobility to all. It’s best known for its unique portfolio of iconic and innovative brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep ® , Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. Stellantis is executing its Dare Forward 2030, a bold strategic plan that paves the way to achieve the ambitious target of becoming a carbon net zero mobility tech company by 2038, with single-digit percentage compensation of the remaining emissions, while creating added value for all stakeholders. For more information, visit www.stellantis.com .
@Stellantis | Stellantis | Stellantis | Stellantis | |||||
For more information, contact: Fernão SILVEIRA +31 6 43 25 43 41 – [email protected] [email protected] www.stellantis.com |
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