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Albertina TorsoliFortune |
“The world has become a lot more flexible and very global, and CEO hires reflect this. The older generation didn’t have such an open culture.”
The pay plan makes Tavares the most highly paid carmaking CEO among incumbent manufacturers.
Italian government wants second car manufacturer beyond Fiat maker Stellantis NV.
Starting deliveries in September, the R5 is going up against the €23,300 electric Citroën ë-C3 that’s made by rival Stellantis NV.
The aircraft parts industry is an “open market,” said Olivier Andries, whose French aerospace supplier partners with GE.