Stellantis N.V. announced on Sept. 21 that Mike Manley is stepping down from his role as head of Americas for Stellantis to take on the role of CEO at AutoNation Inc. on November 1, 2021.

Mark Stewart, chief operating officer, North America, and Antonio Filosa, chief operating officer, Latin America, are the top executive team members with responsibility for the North American and Latin American regions, and will report to CEO Carlos Tavares.

“After 20 incredible, challenging and enjoyable years, and with Stellantis performing so strongly under Carlos’ leadership, the time feels right for me to open a new chapter," Manley stated. "Working with Carlos to create this extraordinary company, with the constant support of our shareholders, has been a huge privilege both professionally and personally. I’m so proud of our Stellantis teams for their extraordinary work and I wish Carlos and them every success as they continue their great adventure. Finally, I am very honoured to have been asked to join the Stellantis Foundation Board."

“It’s been my privilege to know Mike first as a competitor, then as a partner and colleague in the creation of Stellantis, but most importantly, always as a friend," Tavares said. "From the very earliest days of our discussions, we shared a truly common vision, belief and commitment and it’s on these solid foundations, built over the past several years, that Stellantis has delivered its impressive early results. So, while I’m personally sorry to no longer have Mike as a colleague, I’m equally delighted for his new CEO role and glad that he will be joining the Board of the Stellantis Foundation.”

Elkann added: “I’d like to thank Mike for all that he has done over his 20 years with us. His time at the head of Jeep were transformational for that flagship brand and then as the CEO of FCA he led the company to record results through some of its most challenging moments. Working closely with Carlos, he was instrumental in the creation and successful launch of Stellantis. We wish him all the very best in his new role.”