Stellantis seeks new CEO Filosa to revitalize its struggling business prospects
Antonio Filosa, a seasoned automotive executive with a distinguished career at Stellantis and its predecessor companies, has been appointed as the new Chief Executive Officer (CEO) of the world's fourth-largest automotive manufacturer. Filosa's tenure commenced on June 23, 2025, following the dismissal of Carlos Tavares, who held the position since the creation of Stellantis in 2021.
Filosa's appointment was led by John Elkann, who served as interim CEO until Filosa's official takeover. The selection was based on Filosa's track record of success, global experience, knowledge of the company, and leadership qualities.
In his new role, Filosa has laid out a strategic approach focused on leveraging Stellantis’ regional strengths, iconic brands, and loyal customer base to reverse the company’s flagging performance and improve its stock price. His plans include:
1. Decentralizing product decision-making: By locating product decisions close to specific regions, Filosa aims to better meet local customer needs and desires, potentially increasing market responsiveness and sales.
2. Harnessing brand emotion and power: Filosa intends to capitalize on the unique stories and strengths of Stellantis’ iconic brands to reconnect with customers and inspire new achievements, supporting stronger brand loyalty and market differentiation.
3. Building a people-first, entrepreneurial culture: The leadership team Filosa announced brings a people-first mindset and an entrepreneurial spirit, aiming to foster innovation and agility within the company.
4. Collaborating closely with dealers, suppliers, and partners: Filosa stresses working in close cooperation with the entire ecosystem around Stellantis, which can improve supply chain efficiency and customer experience.
On the investor and financial side, Filosa’s compensation plan aligns his incentives squarely with company performance. His base salary is $1.8 million, with the potential to earn up to $23 million annually by 2028 through bonuses and long-term share incentives tied to achieving aggressive growth and performance targets.
While explicit details on financial or operational turnaround tactics beyond leadership restructuring have not been publicly detailed, Filosa’s strategy clearly focuses on leveraging Stellantis’ regional market expertise, brand strength, and a newly energized leadership culture to position the company as a winner in the evolving automotive industry landscape. This approach is designed to reverse the downward slide of the stock price by improving competitiveness and responsiveness to customer demand worldwide.
Filosa joined Fiat, one of the constituent companies of Stellantis, in 1999. He rose through the ranks, becoming Jeep brand CEO in 2023, COO for South America for the newly created Stellantis in 2021, and COO for North America in October 2024. In these roles, he propelled Fiat into market leadership and significantly grew the Peugeot, Citroën, Ram, and Jeep brands in the region, including expanding Jeep's global presence, particularly in Europe.
Upon being named CEO, Filosa expressed his honour at the appointment and his commitment to the company's continued success. As he takes the helm, the automotive industry eagerly awaits the impact of Filosa's strategic approach on Stellantis' future performance.
Filosa's strategic approach involves collaboration with automotive industry partners, aiming to improve supply chain efficiency and customer experience. To boost the company's stock price, he plans to leverage Stellantis' regional strengths, brand power, and a people-first, entrepreneurial culture.
In addition to the automotive sector, Filosa's financial compensation is linked to the success of Stellantis in the wider industrial and financial markets, with potential earnings of up to $23 million annually by 2028.
