Mike Manley will certainly head Americas procedures for Stellantis, as FCA chairman John Elkann stated in a letter to staff members today.
In it, Elkann stated that Carlos Tavares, presently chairman of French car manufacturer Groupe PSA, will certainly come to be Chief Executive Officer of Stellantis, the French and also Italian-American car manufacturer item of a marital relationship that is anticipated to be consummated at some point in the very first quarter of 2021. This combinations will certainly develop the fourth-largest auto firm by quantity, a merging Manley had actually looked for with an additional French car manufacturer, Renault prior to a contract was gotten to with PSA a year back.
PSA reaches call 6 Stellantis board participants, while FCA will certainly choose 5. Of the eleven, Tavares and also Elkann will certainly inhabit 2 seats, while Manley is omitted. Prior to Elkann’s statement, Manley had actually stated he would certainly stay with the firm in an undefined elderly executive duty.
Manley took control of as FCA Chief Executive Officer in July 2018, days prior to the unfortunate death of then-CEOSergio Marchionne As Jeep brand name head, Ram brand name head, and also COO of the Asia Pacific area, Manley formerly functioned as executive vice head of state for worldwide sales and also international item preparation procedures. A Brit, Manley in 2000 partnered with what was after that DaimlerChrysler as UK supervisor of network growth.
In the letter, Elkann stated, “Mike took the helm of our firm under one of the most challenging of scenarios, leading by instance. The list below year, 2019, can rarely be called uneventful, yet however we ended it by securing our merging with Groupe PSA and also with an additional collection of solid outcomes. 2020, a year none people might have thought of, needed us to change the means we function, and also once more Mike has actually led from the front.”
“Perhaps it must be not a surprise that having actually led the extensive change and also phenomenal growth of the Jeep and also Ram brand names prior to coming to be Chief Executive Officer, Mike has actually taken the harsh surface of the previous number of years in stride. And so, you will certainly comprehend why that when our merging finishes, Mike will certainly be asked to use up the duty of Head of Americas, functioning together with Carlos and also remaining to bring his excellent experience, power and also drive to making Stellantis the amazing firm we understand it will certainly be,” stated Elkann.
While it is uncertain precisely what he will certainly be doing as Head of Americas, the letter finished with notification of a Town Hall later on today, where Manley is anticipated to talk.