Home Business Manley leaves Stellantis after 20 years. He will lead the largest US auto dealer

Manley leaves Stellantis after 20 years. He will lead the largest US auto dealer

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After 20 years Mike Manley leaves the Stellantis group. The manager, former CEO of FCA, is leaving his role as Head of Americas at Stellantis to take on the role of CEO of AutoNation Inc., the largest American auto retailer, headquartered in Florida, from November 1, 2021.

Mark Stewart (Chief Operating Officer, North America) and Antonio Filosa (Chief Operating Officer, South America), members of the Executive Committee, will henceforth report directly to CEO Carlos Tavares.

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“After 20 amazing, challenging and fun years, and with Stellantis starting really strong under Carlos’ guidance, it’s time for me to start a new chapter,” said Mike Manley. «Working with Carlos (Tavares, ed.) To create this extraordinary company, with the constant support of our shareholders, has been an enormous privilege both from a professional and personal point of view. I am very proud of our teams at Stellantis who are doing an excellent job and I wish them and Carlos every success in continuing their amazing journey. Finally, I am very honored to have been invited to serve on the board of directors of the Stellantis Foundation, ”added Manley.

Manley leaves the Stellantis group after leading the old FCA in the most delicate period in the recent history of the Italian-American group. The manager, architect of the relaunch of the Jeep brand, was chosen as the successor of Sergio Marchionne in the tragic summer of 2018 by president John Elkann. A role that he held until the completion of the merger with Psa, in the realization of which, especially in the long phase of the negotiations, he was at the forefront, together with Elkann and Carlos Tavares.
The merger in January 2021 with the French Psa and the consequent birth of Stellantis then redesigned the structure at the top of the new group: Manley agreed to take a step back, leaving the responsibility of the fourth global automotive giant to the head of Peugeot Carlos Tavares and taking responsibility for the American market of Stellantis.

«I was lucky enough to meet Mike first as a competitor, then as a partner and colleague in the creation of Stellantis, but – above all – always as a friend. Since the early days of our discussions, we have shared a truly common vision, conviction and commitment and it is on these solid foundations, built over the past few years, that Stellantis has achieved its first impressive results, “said Carlos Tavares, CEO of Stellantis, explaining that “therefore, although personally sorry to no longer have Mike as a colleague, I am also pleased with his new role as CEO and happy that he joins the board of directors of the Stellantis Foundation”. John Elkann, president of Stellantis, concluded by saying he wanted to “thank Mike for everything he has done with us over the past 20 years. The years spent driving Jeep were fundamental for the transformation of the brand and then, as CEO of FCA, he led the company to achieve record results in one of the most difficult periods in its history. Working closely with Carlos, he was instrumental in the creation and successful launch of Stellantis. We wish him the best in his new role ».

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