Former Stellantis chief executive Carlos Tavares received a €23mn pay package in 2024 and a €12mn severance deal for his sudden resignation in December following a sharp deterioration in the carmaker’s performance.

Carlos Tavares departed the automaker in December. He's still owed severance payments and company shares, a report shows.

Former Stellantis CEO Carlos Tavares made $23.9 million last year. He’ll be getting an additional $12.5 million this year in severance and bonuses. While Tavares was deploying his golden parachute, Stellantis’ net profit fell 70% in 2024.

Carlos Tavares, the former CEO of global automaker Stellantis saw his total pay fall 37% last year to 23 million euros ($23.91 million) before he unexpectedly resigned in December. Tavares clashed with the Chrysler and Fiat owner's board over his near-term focus on cutting costs,

When Carlos Tavares departed as Stellantis CEO, it was after accumulating $151M CAD in 4 years. In his wake, he left a company going through a major crisis

Carlos Tavares suddenly abandoned the Stellantis ship in December, even though his five-year contract wasn’t set to expire until early 2026. The first and only CEO of Stellantis had held the position since January 2021,