Flush with light-truck profits and a balance sheet that hasn't been drained by ill-planned spending on electric vehicles, Stellantis CEO Carlos Tavares is ready to take on the Chinese and everyone else in what he sees as a survival-of-the-fittest shakeout emerging over the next decade as the industry comes to grips with the warming planet.
Stellantis CEO Carlos Tavares earned 19 million euros in 2021, according to Stellantis' annual report, leaving him poised to be the highest paid automotive executive in Europe for the period.
In addition, Tavares could remain at the top of that prestigious list because Stellantis has granted him a cash and stock compensation package worth roughly 220 million euros ($244 million) over five years.
