Stellantis: Oddo BHF still neutral with reorganisation

(CercleFinance.com) - Oddo BHF maintains its "neutral" rating on Stellantis shares, with an unchanged target price of E12 (cp: E11.
7, -3.6%), against the backdrop of a major management reorganisation.

Stellantis has announced the immediate departure of CFO Nathalie Knight, who has been replaced by Doug Ostermann.

This reshuffle, led by CEO Carlos Tavares - who will retire in 2026 - aims to simplify the company's structure, reducing the size of the management team and clarifying responsibilities.

Antonio Filosa will become Director of North American Operations, and Jean-Philippe Imparato will head European Operations.

In addition, the supply chain will now be managed by the Production Division, headed by Arnaud Deboeuf.


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