John Elkann, Italian billionaire, takes temporary helm at Stellantis amid CEO transition and dealership struggles.

John Elkann, a 48-year-old Italian billionaire and heir to the Agnelli family, has taken over Stellantis, a major car company that owns brands like Jeep and Fiat, after the departure of CEO Carlos Tavares. Elkann, who leads Exor, a holding company with stakes in Ferrari and The Economist, will head a temporary committee at Stellantis until a new CEO is appointed. This move comes as Stellantis faces challenges with struggling dealerships.

4 months ago
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