Stellantis N.V., the world’s fourth-largest automaker by volume, was formed in January 2021 through the landmark merger of PSA Group and Fiat Chrysler Automobiles. Carlos Tavares, the Portuguese-born executive widely regarded as one of the most aggressive cost-cutters in automotive history, served as its founding CEO from 2021 to 2024. Under Tavares, Stellantis posted record revenues of €189.5 billion and net profits of €18.6 billion in 2023. However, a sharp downturn in North American sales, inventory missteps, and boardroom disagreements led to his abrupt resignation on December 1, 2024. During his nearly four-year tenure, Tavares oversaw 14 automotive brands, approximately 250,000 employees, and the ambitious Dare Forward 2030 electrification strategy.

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Carlos Tavares – Quick Facts

Stellantis Competitors

Stellantis competes with the world’s largest automakers across mass-market, premium, and commercial vehicle segments. The key competitors include:

• Toyota Motor Corporation – world’s largest automaker by volume
• Volkswagen Group – Europe’s largest automaker (VW, Audi, Porsche, Skoda)
• General Motors – primary North American rival (Chevrolet, GMC, Cadillac)
• Ford Motor Company – F-Series vs. RAM trucks, direct competitor in NA
• Hyundai Motor Group – fast-growing Korean rival (Hyundai, Kia, Genesis)
• Renault Group – former employer of Tavares; European competitor
• BYD Company – China’s EV leader, rapidly expanding into Europe
• BMW Group – premium segment rival to Alfa Romeo, Maserati, DS

Carlos Tavares Net Worth 2026 – Stellantis CEO Salary

As of 2026, Carlos Tavares’s net worth is estimated at approximately $50–75 million USD. This estimate is based on his cumulative compensation at Stellantis (over €100 million across four years), his €12 million severance package, and decades of senior executive pay at PSA Group, Renault, and Nissan. Tavares was the highest-paid CEO in the traditional automotive sector during his tenure at Stellantis.

Stellantis CEO Compensation History (2021–2024)

Stellantis Net Worth 2026 – Is Stellantis Profitable?

Stellantis experienced a dramatic reversal in 2024 after a record-breaking 2023. Net revenues fell 17% to €156.9 billion, and net profit plunged 70% to €5.5 billion. Under new CEO Antonio Filosa, the company is targeting a return to profitable growth in 2025 with mid-single-digit adjusted operating income margins.

Stellantis Financial Summary (FY2023 vs. FY2024)

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Stellantis CEO Email Address | Carlos Tavares Contact

Below are the corporate contact details associated with Carlos Tavares during his tenure as Stellantis CEO. Note that as of December 2024, Tavares is no longer with the company. For current Stellantis inquiries, contact the new CEO Antonio Filosa.

Career & Education – Company, University, & College

Carlos Tavares built one of the most remarkable careers in the global automotive industry, spanning over four decades at some of the world’s most storied car companies. Beginning as a test-driving engineer at Renault in 1981, he rose through the ranks across three continents before leading two of the largest automakers in history.

Carlos Tavares Career Timeline

At Renault (1981–2004), Tavares spent over two decades rising through engineering and management ranks. He directed the Renault Mégane II programme and held multiple senior positions. In 2004, he transferred to Nissan, Renault’s alliance partner, where he eventually became Executive Vice President overseeing the Americas business.

Returning to Renault in 2011 as Chief Operating Officer—the number-two executive under Carlos Ghosn—Tavares resigned in August 2013 after publicly expressing interest in leading a car company as CEO. Within months, he was appointed to lead Groupe PSA (Peugeot Citroën), where he engineered one of the most celebrated turnarounds in automotive history, returning the company to profitability through aggressive cost discipline and market expansion.

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In January 2021, Tavares became the founding CEO of Stellantis, the entity created by the merger of PSA Group and Fiat Chrysler Automobiles. He launched the Dare Forward 2030 strategy focused on electrification and carbon neutrality. After a record 2023, a sharp decline in 2024—particularly in North America—and disagreements with the board led to his resignation on December 1, 2024.

Education

Carlos Tavares Wiki – Age, Wife, Family, & More

Carlos Antunes Tavares Dias, age 67, was born on August 14, 1958, in Lisbon, Portugal. He is married to Helena Tavares, and together they have three children, including a daughter named Clemente. His father worked as an accountant for a French insurance company, and his mother was a French teacher at his French lycée in Lisbon—both encouraged him to pursue education in France, which he did at age 17 when he moved to Toulouse.

Tavares is fluent in four languages: Portuguese, French, English, and Spanish. He holds dual Portuguese and French nationality.

Motorsport & Classic Cars

Tavares is an avid motorsport enthusiast whose passion for cars dates to age 14, when he became a track marshal at the Estoril circuit near Lisbon. He began amateur racing at age 22 and competed in rallies and endurance races from 1983 onward, including the Monte-Carlo Rally and the Barcelona 24 Hours. In 2014, he won the A2 class at the Barcelona 24 Hours driving a Peugeot RCZ Cup car. He runs his own racing team, Clementeam Racing, named after his daughter.

• Classic car collector – owns a 1966 Porsche 912, a 1976 Alpine A110, and a 1979 Peugeot 504 V6 Coupé
• Rallye Monte-Carlo Historique – drove a 1975 Lancia Stratos HF at the historic event
• Barcelona 24 Hours (2014) – A2 class winner in a Peugeot RCZ Cup

Notable Achievements & Recognitions

• Automotive News Eurostar (2022) – recognized for leadership in the European auto industry
• PSA Turnaround Architect – rescued Groupe PSA from near-bankruptcy, returning it to profitability by 2015
• Stellantis Founding CEO – oversaw the merger of PSA and FCA, creating the world’s fourth-largest automaker
• Record-Breaking Profits (2023) – led Stellantis to €18.6 billion net income, the highest in its history
• Highest-Paid Auto CEO – earned €36.5 million in 2023, the highest among traditional automaker CEOs
• Airbus Board Member (2016–2022) – served as Non-Executive Director at the aerospace giant

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About Stellantis

Stellantis N.V. is a multinational automotive corporation headquartered in Hoofddorp, Netherlands (Amsterdam metropolitan area). It was formed on January 16, 2021, through the merger of Groupe PSA (Peugeot, Citroën, DS, Opel/Vauxhall) and Fiat Chrysler Automobiles (Fiat, Chrysler, Jeep, Dodge, RAM, Maserati, Alfa Romeo). The name “Stellantis” derives from the Latin word stello, meaning “to brighten with stars.”

Stellantis trades on the New York Stock Exchange under the ticker symbol STLA and on Euronext Paris as STLAM. As of February 2026, the company has a market capitalization of approximately $22.4 billion. It operates manufacturing facilities in 30 countries and sells vehicles in over 130 markets worldwide. The company is chaired by John Elkann, a member of the Agnelli family, whose Exor holding company owns roughly 14.4% of Stellantis.

Frequently Asked Questions (FAQ)

Who is the current CEO of Stellantis?

The current CEO of Stellantis is Antonio Filosa, who was appointed in May 2025 and officially took office on June 23, 2025. He succeeded Carlos Tavares, who resigned on December 1, 2024. Filosa is a 25-year veteran of the company who previously served as Chief Operating Officer for the Americas.

Why did Carlos Tavares resign from Stellantis?

Carlos Tavares resigned as Stellantis CEO on December 1, 2024, amid “different views” with the board of directors. The resignation came after the company’s stock price dropped approximately 40% in 2024, driven by declining North American sales, product-portfolio gaps, and controversies over pricing strategy. His departure was effective immediately, less than two months after Stellantis had announced his planned retirement for early 2026.

What is Carlos Tavares’s net worth in 2026?

As of 2026, Carlos Tavares’s net worth is estimated at approximately $50–75 million USD. This reflects over four decades of senior executive compensation, including cumulative Stellantis pay exceeding €100 million and a €12 million severance package. Some sources estimate his net worth more conservatively at $21 million, though this likely excludes stock vesting and earlier career earnings at PSA, Renault, and Nissan.

What was Stellantis CEO Carlos Tavares’s salary?

Carlos Tavares’s peak compensation at Stellantis was €36.5 million (~$39.5M) in 2023, making him the highest-paid CEO among traditional automakers. His base salary was €2 million, with the vast majority coming from long-term incentives, short-term bonuses, and one-time transformation milestone awards. His total 2024 exit package, approved by shareholders, totaled €35.1 million.

What is Stellantis CEO’s email address?

Carlos Tavares’s former Stellantis email was [email protected], though this address is no longer active. For current Stellantis corporate inquiries, contact the company through stellantis.com/contacts or reach current CEO Antonio Filosa.

Is Stellantis a profitable company?

Yes, Stellantis remains profitable, though performance declined sharply in 2024. The company reported net income of €5.5 billion in FY2024, down 70% from the record €18.6 billion in FY2023. Under new CEO Antonio Filosa, Stellantis is guiding for a return to profitable growth in 2025 with mid-single-digit adjusted operating income margins and positive industrial free cash flows.

Article last updated:March 2026March 2, 2026