Stellantis announced today that, following completion of the merger of Peugeot S.A. (“Groupe PSA”) and Fiat Chrysler Automobiles N.V. (“FCA”) on January 16, 2021, today the combined company was renamed Stellantis, the Board of Directors of Stellantis was appointed, and Stellantis’s Articles of Association became effective.

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The Board of Directors of Stellantis consists of two executive directors, John Elkann (Chairman) and Carlos Tavares (Chief Executive Officer), and 9 non-executive directors, Robert Peugeot (Vice Chairman), Henri de Castries (Senior Independent Director, acting as the voorzitter under Dutch law), Andrea Agnelli, Fiona Clare Cicconi, Nicolas Dufourcq, Ann Frances Godbehere, Wan Ling Martello, Jacques de Saint-Exupéry, and Kevin Scott.

Further to that, Stellantis appointed an Audit Committee, a Remuneration Committee and a Governance and Sustainability Committee consisting of the following members:

  • Audit Committee: Ann Godbehere (chairperson), Wan Ling Martello and Henri De Castries.
  • Remuneration Committee: Wan Ling Martello (chairperson), Andrea Agnelli, Henri De Castries, Fiona Cicconi and Robert Peugeot. Governance and Sustainability Committee: Henri De Castries (chairperson), Andrea Agnelli, Fiona Cicconi, Nicolas Dufourcq and Kevin Scott.

Board member represent the various countries of interested parties. Most notable is the representation of the Peugeot family, previously the owners of Peugeot-Citroen.

As we said yesterday, all the brand names have had a colourful past, but the new company brings together an enormous amount of talent and technology.

We can expect platform and technology sharing, as well as manufacturing shake-up. We can expect some low-performing brands to be axed. Who will survive? The ailing Chrysler looks to be teetering.