Goals deemed unrealistic or damaging by some Stellantis board members triggered the sudden downfall of Ceo Carlos Tavares just a month after receiving full support.
Two sources familiar with the matter told Reuters.
According to the sources, the Stellantis board of directors, dissatisfied with Tavares' aggressive sales and cost-cutting goals and conflicting relationships with suppliers, dealers, and unions, unanimously wanted the Ceo to resign.
"In November something broke," said one of the sources.
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