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HomeAll NewsMost read newsBusiness Leaders Biography
Birthday : 08/14/1958
Public asset : 15,353,156 USD
Linked companies : Airbus SE - Stellantis N.V.
Biography : Carlos Tavares is a Portuguese businessperson who has been at the helm of 7 different companies. Cur

Stellantis CEO to Step Down From Airbus Board of Directors

09/17/2021 | 01:10am EDT

By Olivia Bugault

Stellantis NV said Friday that its Chief Executive Officer Carlos Tavares has decided to leave the board of directors of European plane maker Airbus SE next year.

"This personal decision should allow Carlos to dedicate his full professional time to leading Stellantis to success, together with the leadership team, through this critical transformation period in the automotive industry," the auto maker said.

Mr. Tavares will step down from Airbus's board at the end of his second term in 2022, the company said.

Carlos Tavares has headed Stellantis since the creation of the company in early 2021 when car makers Fiat Chrysler and Peugeot merged.

Write to Olivia Bugault at olivia.bugault@wsj.com

(END) Dow Jones Newswires

09-17-21 0310ET

Stocks mentioned in the article
ChangeLast1st jan.
AIRBUS SE -1.44% 109.78 Real-time Quote.22.28%