Finally they said yes. Meeting in a general meeting, on the point that addresses the remuneration of Carlos Tavares and other executives of the automotive group, which they had considered too high and unclear in 2022, the shareholders voted in favor this time, with 80.4%.
Based on the excellent results of the automobile group, the remuneration of the Portuguese CEO could reach 23.5 million euros, if Carlos Tavares achieves all the objectives set by the company.
Last year, during the previous general meeting, in April 2022, more than half of the shareholders had voted against the remuneration policy of the new French-Italian-American group, born in 2021 from the Peugeot-Citroën merger. and Fiat.-Chrysler. Since then, Stellantis has consulted them: they criticize the lack of transparency and certain bonuses not linked to the results.
The president of Stellantis, the Italian-American John Elkann, whose family fund Exor is the largest shareholder of Stellantis, will receive 5.8 million euros for his part by 2022.
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Source: BFM TV
