Stellantis Restructures Amid CEO Search and Sales Slump

Stellantis has announced a significant organizational restructuring to simplify its operations, enhance local decision-making, and improve customer relations following declining sales and recent executive changes. Bob Broderdorf has been appointed to lead the Jeep brand, while other leadership appointments include Alain Favey for Peugeot and Anne Abboud for Stellantis Pro One. The restructuring integrates software activities into a new Product Development & Technology organization, led by Ned Curic, to accelerate product innovation. Additionally, a new marketing office has been established under Olivier François to strengthen brand strategies. These changes follow the departure of former CEO Carlos Tavares and aim to position Stellantis for growth amid challenges such as electric vehicle demand and competitive pressures. The search for a permanent CEO continues, with the appointment expected by mid-2025.