In 2023, Stellantis CEO Carlos Tavares received a significant pay increase of 56%, totaling US$39.5 million. This compensation jump comes amid the company's decision to lay off a large number of Temporary Part-Time workers (TPTs) and label the United Auto Workers (UAW) demands as outlandish. The increase in Tavares' pay has sparked discussions, juxtaposed with the financial adjustments affecting the workforce.
Blackstone CEO received $896.7-million in pay, dividends in 2023 https://t.co/Vwv7CwV1gJ
After laying off massive amounts of TPTs and calling UAW demands outlandish, Stellantis CEO gives himself a 56% pay increase. https://t.co/4CMi3mU93c
Stellantis CEO Carlos Tavares' total compensation rose 56% in 2023 #Stellantis #CEO https://t.co/VZhjnLwEDR
Stellantis chief’s annual pay package jumps 56 per cent to US$39.5-million https://t.co/et8P7adkdu
Automaker Stellantis CEO total compensation jumps 56% to $39.5 mln in 2023 https://t.co/xs6vup5m3i https://t.co/ug9R3Jvwp6