PARIS – On Monday, the Peugeot family holding company, a major shareholder in Franco-Italian carmaker Stellantis (NYSE: STLA), expressed its continued support for the group after the surprise resignation of CEO Carlos Tavares.
“The Peugeot family group offers its full support to the new executive board and to all the Stellantis teams who are working to meet the group’s current challenges”, it said in a statement.
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Maria Reed is a financial journalist with a passion for covering US equities. She joined the ABBO News team in June 2023. Maria holds an M.S. degree in International Economics and Finance from Otto-von-Guericke University in Magdeburg and is a CFA Level 2 candidate. Read Full Bio
