The CEO Who Destroyed Stellantis

In February 2024, Stellantis reported the biggest profit in its short history, eighteen point six billion euros, and its chief executive, Carlos Tavares, was paid thirty-six point five million euros for the year. But ten months later, Tavares walked away from the company he'd built, more than a year before his term was due to end. By February 2026, the maker of Jeep, Ram, Peugeot and Fiat had reported a net loss of twenty-two point three billion euros. So how does the engineer who rescued Peugeot end up with his name attached to that number?