Stellantis (STLA) CEO eyeing management shakeup after profit hit - Bloomberg

Stellantis (NYSE: STLA) CEO is said to be eyeing management shakeup after profit hit - Bloomberg

• Stellantis head Carlos Tavares is planning a deep management reshuffle in response to the company's disastrous profit warning.
• Tavares may present his proposal at a board of directors meeting in the US this week.
• The cuts could affect various departments, from finance teams to regional heads as well as brand executives.
• Board members are also expected to discuss the 66-year-old CEO’s future during the two-day meeting.

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