Stellantis chairman John Elkann has grown frustrated at the company’s performance in North America. Carlos Tavares has a contract to remain as Stellantis chief executive until early 2026 but that hasn’t stopped company chairman John Elkann from already starting a search for Tavares’ successor.

Struggling Jeep and Ram maker Stellantis is looking for a CEO to succeed Carlos Tavares, but the company says it's just part of a normal leadership succession plan.

Tavares, who has run Stellantis since its creation in early 2021, has made it one of the most profitable groups in the industry. Still, he has been pressured recently to correct the automaker's struggling North American operations,

Stellantis (STLA) has started searching for a successor to CEO Carlos Tavares as the automaker faces criticism from both dealerships and union autoworkers, according to multiple reports.

Stellantis chairman John Elkann has grown frustrated at the company’s performance in North America. Despite mounting criticism, CEO Carlos Tavares may remain in his role, with his contract running until 2026.

In an interview with Bloomberg, Stellantis chairman John Elkann confirmed the search has started for a new CEO. Elkann, who is also the chairman of Ferrari, didn't rule out a rene