Carlos Tavares was named CEO and Chairman of Group PSA in 2014. When the French conglomerate merged with Fiat-Chrysler Automobiles in 2021, he became the first CEO of Stellantis. But American dealers aren't exactly thrilled with how the 66-year-old Portuguese businessman is steering the ship.
In an open letter to Tavares, the US Stellantis National Dealer Council accused the CEO of leading the world's fourth-largest automaker toward a "disaster." Dealers are particularly unhappy with how the head honcho banked nearly $40 million last year. In addition, the big boss is criticized for causing the "rapid degradation" of Jeep, Ram, Dodge, and Chrysler.
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