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AMSTERDAM - Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP), a global automaker, has appointed Sébastien Jacquet as Chief Quality Officer, effective today. Jacquet, with a career spanning almost 25 years, takes over from Antonio Filosa, who has been elevated to the role of Chief Executive Officer.
Jacquet’s experience in the automotive industry encompasses quality, engineering, technology, research and development, and project management. Notably, he was instrumental in the launch of Stellantis’s STLA Medium, the company’s first multi-energy platform. According to InvestingPro analysis, Stellantis currently appears undervalued, with attractive metrics including a P/E ratio of 4.65 and a significant dividend yield of 5.6%.
Stellantis, whose brand portfolio includes Abarth, Alfa Romeo, Chrysler, and others, is recognized for its commitment to innovation and technology in the automotive sector. The company’s leadership changes come amid its ongoing efforts to provide customers with diverse transportation options and to create value for stakeholders.
This leadership transition is based on a press release statement from Stellantis N.V.
In other recent news, Stellantis has confirmed a $388 million investment to establish a Metro Detroit Megahub in Michigan, set to begin operations in 2027. This facility aims to enhance Stellantis’ service parts distribution network in the United States and will support approximately 488 jobs. Additionally, Stellantis announced the introduction of a four-door sedan version of the Dodge Charger Daytona for the 2026 model year, expanding its muscle car lineup. The new models will feature a powerful 670 horsepower engine and various performance options. Meanwhile, Stellantis is reportedly close to appointing Antonio Filosa as its new CEO, according to an Italian newspaper. On the analyst front, Bernstein SocGen has lowered its price target for Stellantis to $11.70, maintaining a Market Perform rating. This adjustment follows comments from Stellantis CFO Doug Ostermann, who discussed uncertainties related to evolving tariff developments. Lastly, Stellantis has named Xavier Chardon as the new CEO of Citroen, effective June 2, reporting directly to the company’s Chief Operating Officer for Enlarged Europe.
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