On May 28, Stellantis N.V. (NYSE:STLA) named a new CEO, Antonio Filosa. Filosa is the reigning Chief Operating Officer (COO) for the Americas and Chief Quality Officer. The appointment comes as the global automaker seeks to revitalize its operations amid challenging market conditions.
Filosa is an industry veteran who brings more than 25 years of automotive industry experience to the role. The Board selected him following a thorough search process led by Executive Chairman John Elkann, and he will formally assume the position on June 23, 2025.
The company said in a statement that Filosa is a pair of familiar hands that have shown their worth already. During his tenure, the incoming CEO established a strong track record in South America, where he elevated FIAT to market leadership. He also grew the Peugeot, Citroën, Ram, and Jeep brands. Particularly, his work establishing the Pernambuco plant launched Jeep in Brazil, which became the brand’s leading market outside the United States.
The leadership transition extends to other Stellantis brands, with Xavier Chardon recently appointed CEO of Citroën. Chardon’s mission will be to build on Citroën’s recent successes and accelerate the brand’s transformation in a rapidly changing automotive landscape.
Stellantis NV is a multinational automaker formed in 2021 through the merger of Fiat Chrysler Automobiles and the PSA Group. It designs, manufactures, and sells various vehicles and vehicle components. It produces everything from compact and family cars to SUVs, trucks, and luxury automobiles under well-known brands such as Fiat, Jeep, Dodge, Chrysler, Alfa Romeo, Maserati, Citroën, and Vauxhall, among others.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.