Stellantis Stock Slides as Big Three Automaker Announces Executive Shakeup
Stellantis(STLA) Investopedia·2024-10-11 22:55
Key Takeaways Stellantis shares lost ground Friday after the automaker announced a shakeup of its management as it tries to recover from a sales slump. The changes included replacing CFO Natalie Knight with China COO Doug Ostermann. The company said the changes were made to "redouble" its focus on key priorities and address global challenges facing the industry. Stellantis (STLA) shares lost ground in early trading Friday after the "Big Three" automaker announced an executive shakeup as it tries to recover ...