Once described as the “the world’s most frugal auto executive,” Stellantis NV boss Carlos Tavares has made an eye-catching exception to his legendary penny pinching — his own pay.

Last week the Netherlands-based owner of Peugeot, Fiat, Jeep and Ram revealed its Portuguese chief executive officer was awarded €36.5 million ($39.6 million) in remuneration for 2023. (Some of this total is unvested — the amount of cash and vested equity received now is a mere €23.5 million.)

QOSHE - Stellantis’ ‘Frugal’ Boss Earns $40 Million. He’s Worth It. - Chris Bryant
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Stellantis’ ‘Frugal’ Boss Earns $40 Million. He’s Worth It.

8 1
28.02.2024

Once described as the “the world’s most frugal auto executive,” Stellantis NV boss Carlos Tavares has made........

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