The Netherlands-based multinational automotive manufacturing corporation resulting from the merger of French automaker Groupe PSA and Italian-American automaker Fiat Chrysler Automobiles, became effective on January 16, reports ILM.
The merger between Groupe PSA and Fiat Chrysler Automobiles (FCA) was completed on January 15 and the creation of Stellantis became effective on January 16. Stellantis’ common shares began trading on Euronext in Paris and the Mercato Telematico Azionario in Milan on January 18, and on the New York Stock Exchange on January 19.
On January 16, the combined company was renamed Stellantis, the Board of Directors of Stellantis was appointed, and Stellantis’ Articles of Association became effective. The Board of Directors of Stellantis is composed of two Executive Directors, John Elkann (Chairman) and Carlos Tavares (CEO), and the following nine non-executive Directors; Robert Peugeot (Vice-Chairman), Henri de Castries (Senior Independent Director), Andrea Agnelli, Fiona Clare Cicconi, Nicolas Dufourcq, Ann Frances Godbehere, Wan Ling Martello, Jacques de Saint-Exupéry and Kevin Scott. In addition, the Board of Directors of Stellantis appointed an Audit Committee, a Remuneration Committee and a Governance and Sustainability Committee.