Home Business Stellantis Shareholders Approve CEO Carlos Tavares’ Lucrative Pay Package

Stellantis Shareholders Approve CEO Carlos Tavares’ Lucrative Pay Package

by Sonia Park
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Stellantis Shareholders Approve CEO Carlos Tavares' Lucrative Pay Package

In a recent development, shareholders of Stellantis, the multinational automaker, have approved a substantial pay package for their CEO, Carlos Tavares. This decision positions Tavares as the highest-paid leader among traditional auto manufacturers, with a total compensation package amounting to 39 million dollars.

Despite objections from certain investment groups, the majority of shareholders voted in favor of the significant pay package for Tavares. This decision reflects confidence in his leadership and strategic vision for the company, particularly in navigating the challenges and opportunities in the automotive industry's evolving landscape.

The approval of Tavares' pay package comes amidst criticism. . .

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