Stellantis Faces Investor Backlash Over Ex-CEO's Lavish $23.1 Million Pay Package

Stellantis, the automotive giant forged from the merger of Fiat Chrysler and Peugeot, is under fire from investors following the revelation that former CEO Carlos Tavares received an astonishing compensation package of $23.1 million. This hefty pay, revealed during the company’s annual meeting, has sparked outrage amongst shareholders who argue that such remuneration is unjustifiable, particularly in light of the ongoing challenges the company faces within the competitive automotive industry.

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