Business and Finance Business and Finance
Tue, December 3, 2024
[ 11:00 AM ] - Bill Williamson
Small business owners brace for Trump's proposed tariffs
[ 10:30 AM ] - Bill Williamson
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Comment: Our future depends on biodiversity, we must invest in it urgently
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[ 05:30 AM ] - Bill Williamson
Be the Future: Malaysia's First Philosophy, Politics & Economics Degree
[ 05:30 AM ] - Bill Williamson
Stellantis considers Picat and Filosa for CEO, says source

Stellantis considers Picat and Filosa for CEO, says source


Published on 2024-12-03 05:30:48 - Bill Williamson, WOPRAI
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  • The board of Stellantis is considering its head of North American operations, Antonio Filosa, and procurement chief Maxime Picat as internal candidates for the CEO position, a source close to the matter said on Monday.

Stellantis is considering the construction of a new battery plant in the Italian town of Termoli, as part of its strategy to expand electric vehicle production, according to a source close to the matter. The potential investment, which could be worth billions of euros, aims to leverage Italy's push towards sustainable automotive manufacturing. The decision comes amidst discussions with the Italian government, which is keen on boosting local employment and advancing its green technology sector. However, no final decision has been made, and details regarding the scale of the investment, job creation, and the timeline for the project remain under negotiation.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/autos-transportation/stellantis-considers-picat-filosa-ceo-says-source-2024-12-02/ ]
Contributing Sources