Mike Manley FCA CEO to Head Americas for Stellantis
Mike Manley will head Americas operations for Stellantis, as FCA chairman John Elkann said in a letter to employees today.
In it, Elkann reiterated that Carlos Tavares, currently chairman of French automaker Groupe PSA, will become CEO of Stellantis, the French and Italian-American automaker product of a marriage that is expected to be consummated sometime in the first quarter of 2021. This amalgamation will create the fourth-largest car company by volume, a merger Manley had sought with another French automaker, Renault before an agreement was reached with PSA a year ago.
PSA gets to name six Stellantis board members, while FCA will elect five. Of the eleven, Tavares and Elkann will occupy two seats, while Manley is left out. Prior to Elkannâs announcement, Manley had said he would remain with the company in an unspecified senior executive role.