The fourth largest automobile company in the world has finally found its leader.
After six months of research inside and outside the company, Stelantis board members agreed to deliver the wheel to Antonio Filosa, an old carrier in the automotive industry for 25 years to replace Carlos Tavares CEO, as of June 23.
“This place is in my blood,” says Velosa in LinkedIn’s post celebrating his new role. Now 51 and graduates of politecnico di Milano, launching his career in FIAT as a supervisor of quality control in Spain. A legendary CEO of Fiat CEO Sergio Marsion has built an international profession in Brazil, Argentina and the United States.
When Stelantis, Italian, French and American, was created in 2021, Filosa became South America for Operations Manager. Two years later, he took the head of a pocket mark in Detroit. Recently, Tajatin, the director of operations in the Americas and the head of the world quality in the parent company, which includes a group of 16 well -known brands of Peugeot, Citroen, Chrysler, Dodge, Alpha Romeo, and Meshi.
His appointment confirms the increasing impact of Italian shareholders within the company. When Stelantis was created, he had heads: John Elcan, who became the Chairman of the Board of Directors, a descendant of the Italian Foundation Agnelli family; Tavares as an executive president represents the interest of the French Peugeot family. With Velosa upgrading, with the blessing of French managers.
“We consider the appointment of Antonio,” said Vice President Robert Peugeot.
The new president faces a huge list of challenges: induction uncertainty, market participation losses, electric vehicles, and economic instability. Car sales decreased until 2023 and 2024, when the company retained high prices. For the first quarter of this year, Stelantis suffered a 14 % decrease in revenue.
However, merchants in the United States, who publicly criticized the strategy of the former CEO, celebrate the arrival of a new president who loves to quote his teacher, Marsion: “The trip does not deserve the trip.” “Let’s win this together.”