Stelantis CEO Goneski

[EBSXR6]

https://edition.cnn.com/2024/12/01/b...own/index.html

Stellantis CEO Carlos Tavares steps down

[Franco Cozzo]

Originally Posted by EBSXR6

https://edition.cnn.com/2024/12/01/b...own/index.html

Stellantis CEO Carlos Tavares steps down

Didn't have what it takes to turn that shitshow around, good to see he feathered his own next on the way out as well

[kevino]

Stellantis are closing their Luton Uk plant - same plant where Vauxhall built Vauxhall and Bedford for 100 years

[EBSXR6]

Originally Posted by Franco Cozzo

Didn't have what it takes to turn that shitshow around, good to see he feathered his own next on the way out as well

Franco whenever would a dud CEO do the right thing by the shareholders and not feather their nest.

[CyberWasp]

The only occupation where you get a huge bonus for doing a $hit job.

[Sprintey]

Wonder if it will be like Jaguar and they'll continue the insane policies anyway?

Sayonara and don't let the door hit you on the way out.

Maybe Mopar in the US will get a reprieve?

[whynot]

Originally Posted by Franco Cozzo

Didn't have what it takes to turn that shitshow around, good to see he feathered his own next on the way out as well

Perfect opportunity for you to polish up that resume, apply for the CEO role, and show Stelantis how to do the job properly.

[Vekgib]

Originally Posted by whynot

Perfect opportunity for you to polish up that resume, apply for the CEO role, and show Stelantis how to do the job properly.

That comment immediately reminds me of people throughout the footy season who complain about the standards of AFL Umpires or NRL Referees, but never actually step up and do the job themselves.

[Sprintey]

Originally Posted by whynot

Perfect opportunity for you to polish up that resume, apply for the CEO role, and show Stelantis how to do the job properly.

Day 1: Hemi, baby, Hemi!

[smoo]

Click bait title.
But it appears they still aren't relenting with prices and prefer to have stock piled up on yards.

[uranium_death]

I think Stellantis and the brands under them are damaged brands
In Australia, every brand under their banner has flopped in the past decade
Most have disappeared

No CEO can completely turn around the bad image of their brands which emanates from the perceived poor reliability of their vehicles.

The CEO is a PR guy. He can't turn a pile of poo into gold.
I would love a Wrangler, but every single site that reviews them cites poor build quality, bad electrics, and general reliability issues. There are fundamental issues that engineers have never fixed, and they won't.

[jpd80]

Strange that Stellantis seemed intent on killing its profitable North American income stream.
Now that China is a bust, they need it more than ever because there’s no way that Stellantis’
manly European lineup can provide the future funding required for all the company’s brands.

[Franco Cozzo]

Originally Posted by whynot

Perfect opportunity for you to polish up that resume, apply for the CEO role, and show Stelantis how to do the job properly.

You should have some faith,

I reckon I could easily tank Chrysler/Jeep/Dodge US market sales, plus all the other non-noteworthy shitful companies under the Stellantis banner, nearly destroy them all and then run out the door with my massive payout for my efforts.

The average single mother could do a better job than he did.

Shareholders globally, I am available with 4 weeks notice, to destroy your companies, your share values and collect my huge payout, send me a PM on AFF.

[Sprintey]

Yep, I reckon there's a specialist CEO role out there that deliberately destroys companies, perhaps so other interests can buy them up on the cheap. A good mate managed pubs when we were younger, and he was the guy brought in to turn around the pub after it had detonated due to poor management. Often there were millions to be had in the turnaround for the investors who employed him.

[Fordman1]

Originally Posted by Franco Cozzo

You should have some faith,

I reckon I could easily tank Chrysler/Jeep/Dodge US market sales, plus all the other non-noteworthy shitful companies under the Stellantis banner, nearly destroy them all and then run out the door with my massive payout for my efforts.

The average single mother could do a better job than he did.

Shareholders globally, I am available with 4 weeks notice, to destroy your companies, your share values and collect my huge payout, send me a PM on AFF.

Sounds about right

[whynot]

Originally Posted by Franco Cozzo

I reckon I could easily tank Chrysler/Jeep/Dodge US market sales, plus all the other non-noteworthy shitful companies under the Stellantis banner, nearly destroy them all and then run out the door with my massive payout for my efforts.

Hummmm ... the idea of running a business is to actually make money. Any fool can run a company into the ground.

I don't envy the CEO (or senior management) of any company these days. In the past the CEO's job was hard enough with the singular task of making money in a competitive environment. These days, making profit by itself is considered obscene in some quarters without including perpetually shifting (and value shredding) goal posts of ESG and EDI.

One of the things I learnt during my career is that CEO and senior management are continually fighting the 'dark side' of humanity at their workplace. By that I mean the 5% of employees who literally have no morals or ethics or respect for the laws. Instead of spending time making product decisions, or understanding the market place, or improving company finances: I recon that most CEO spend around 50% of their time dealing with problems created by the miscreants and workplace psychopaths.

As Buddy Ryan once said, "If you listen to the fans, you'll be sitting up there with them.'

Same can be said for running a business, methinks.

[jpd80]

At least Stellantis doesn’t appear to be alone in poor judgment
as VW Group seem to have tripped over it own corporate member.
Between rising costs more strikes and collapsing profit it must look
like the end of time for vehicle brands in Europe

[Sprintey]

Originally Posted by whynot

Hummmm ... the idea of running a business is to actually make money. Any fool can run a company into the ground.

I don't envy the CEO (or senior management) of any company these days. In the past the CEO's job was hard enough with the singular task of making money in a competitive environment. These days, making profit by itself is considered obscene in some quarters without including perpetually shifting (and value shredding) goal posts of ESG and EDI.

One of the things I learnt during my career is that CEO and senior management are continually fighting the 'dark side' of humanity at their workplace. By that I mean the 5% of employees who literally have no morals or ethics or respect for the laws. Instead of spending time making product decisions, or understanding the market place, or improving company finances: I recon that most CEO spend around 50% of their time dealing with problems created by the miscreants and workplace psychopaths.

As Buddy Ryan once said, "If you listen to the fans, you'll be sitting up there with them.'

Same can be said for running a business, methinks.

It's even more fun when the psychopaths get past the screening and get into departmental head or senior management...

[whynot]

Originally Posted by Sprintey

It's even more fun when the psychopaths get past the screening and get into departmental head or senior management...

That is the problem. A lot of them do.

[Franco Cozzo]

Originally Posted by whynot

Hummmm ... the idea of running a business is to actually make money. Any fool can run a company into the ground.

I don't envy the CEO (or senior management) of any company these days. In the past the CEO's job was hard enough with the singular task of making money in a competitive environment. These days, making profit by itself is considered obscene in some quarters without including perpetually shifting (and value shredding) goal posts of ESG and EDI.

One of the things I learnt during my career is that CEO and senior management are continually fighting the 'dark side' of humanity at their workplace. By that I mean the 5% of employees who literally have no morals or ethics or respect for the laws. Instead of spending time making product decisions, or understanding the market place, or improving company finances: I recon that most CEO spend around 50% of their time dealing with problems created by the miscreants and workplace psychopaths.

As Buddy Ryan once said, "If you listen to the fans, you'll be sitting up there with them.'

Same can be said for running a business, methinks.

Calm down autismo,

I've got no love for CEOs, never met one worth their pay packet, they've all ran the moment it got tough, rather than attempting to turn the tide and keep the ship from sinking, they just cut and run, they've never come up from the coal face or from sales, they've always come in from finance.

My favorite one was the Woolworths CEO who cosplay as store staff in the work uniform, who cracked the shits and bailed on the ABC interview then resigned.

Alan Joyce is another flog CEO who did a number on QANTAS and our tax payers, the latter cost QANTAS 9 figures in fines on the way out, and has fronted senate enquiries.

Spending other people's money and having no accountability when you destroy a company doesn't sound that difficult,

If you think managing people and personalities is difficult, then you must be an engineer, and that explains a lot

[kevino]

Managing people and personalities is difficult
I did it for twenty years
And I am not an engineer
Tut tut Franco

[kevino]

Agree with you on Joyce
But I didn’t mind Brad Banducci
The prior woolies ceo
Tony Abbott got lost for answers and words on the ABC one night
Not too much later he lost the election and the prime ministers job

[whynot]

Originally Posted by Franco Cozzo

Calm down autismo,

Sigh. Sticks and stones with that comment.

Originally Posted by Franco Cozzo

I've got no love for CEOs, never met one worth their pay packet,

A few decades ago, I was out in the field one fine day, chatting to the company's CEO about some of the construction progress we were making at a particular site. CEO seemed a bit stressed, as there were a number of very public business problems of the CEO making, but the person seemed otherwise OK.

A few hours later, the CEO committed suicide. I suppose you would call that running away. To this day, I wonder what I could have done to prevent that CEO choosing to end their life in a very messy manner.

Originally Posted by Franco Cozzo

If you think managing people and personalities is difficult, then you must be an engineer, and that explains a lot

The replacement CEO had to turn the business around. That CEO was an engineer. Absolutely amazing person. Quiet. Methodical. Great engineering brain (and could understand the core business). Over a period of a few months, the new CEO quietly shuffled off some of the executives (who had no technical capability) and promoted the next generation of executives. From memory, except for the finance and legal folk, they were all middle age engineers. That team of executives restored the business and its reputation.

Over my career I have been involved in a number of rather serious investigations into business operations. It is truly depressing as to what damage the 1% of really rogue employees gets up to; either at work or in their private life that intrudes into work. What is particularly hard for CEO to manage are the private life events that people willingly drag the into the workplace.

As I said before, being a CEO is really, really hard. It eats away at the soul and it takes a special type of person who can run a large company (or even a large division within a company) for an extended period. Over time, this stress impacts people's health. I know a few former executives who walked away from really high salaries, because the money just wasn't worth the crap they had to put up with that had nothing to do with running their part of the business.

Sure, there is a list of notable CEO who have made some very bad calls. Stellantis CEO being one. Former CEO of Boeing being another.

But focusing on these misses the point that there is a large number of good CEO who steer their business and employees through very difficult business climate.

Am I an engineer? No.

Edit: Just a final thought. I suspect a lot of people who read this do not have much contact time with CEO, Senior Executives, and Boards. When one spends some quality time with these type of folk, one realises that by and large they are normal human beings. Like all humans, they are imperfect. And often we expect way too much from them.

[Franco Cozzo]

Originally Posted by whynot

As I said before, being a CEO is really, really hard. It eats away at the soul and it takes a special type of person who can run a large company (or even a large division within a company) for an extended period. Over time, this stress impacts people's health. I know a few former executives who walked away from really high salaries, because the money just wasn't worth the crap they had to put up with that had nothing to do with running their part of the business.

Brian Thompson, and the reaction to what happened certainly puts you in the minority.

Suddenly, a lot of health insurance companies in the US have changed their tune overnight

[Interceptor]

Interesting to see Tim Kuniskis coming back to the top spot at Dodge/RAM, hopefully he can turn things around.

Looking at Tavares's background and history, a lot of the model range changes in the Chrysler/Dodge/Ram lineup suddenly make sense, continental europeans have no place trying to tell cultures like USA/Australia how to be. The cultural differences are insane.

[Vekgib]

Originally Posted by Franco Cozzo

Brian Thompson, and the reaction to what happened certainly puts you in the minority.

Suddenly, a lot of health insurance companies in the US have changed their tune overnight

People taking delight in the assassination of someone, because they didn't like the business that person ran, are nothing more than the steam off a cow pat.

[whynot]

Originally Posted by Franco Cozzo

Brian Thompson, and the reaction to what happened certainly puts you in the minority.

Suddenly, a lot of health insurance companies in the US have changed their tune overnight

It is sad … just sad ... seeing words and smiley emoji that are tacitly condoning a cold blooded, shot in the back, murder of another human being. I doubt the CEO deserved an extrajudicial execution, but you seem to be enjoying the thought.

BTW, the accused turns out to be an Ivy Leaguer with anti-capitalist leanings.

[Franco Cozzo]

Originally Posted by whynot

It is sad … just sad ... seeing words and smiley emoji that are tacitly condoning a cold blooded, shot in the back, murder of another human being. I doubt the CEO deserved an extrajudicial execution, but you seem to be enjoying the thought.

BTW, the accused turns out to be an Ivy Leaguer with anti-capitalist leanings.

The accused has killed one person,

The CEO lead the company that killed hundreds of people through paperwork and signatures denying huge amounts of health insurance claims.

I couldn't care less about that particular CEO, and either does a lot of the average Joe in the US, he's got blood on his hands too, except his accountability came through three bullets being executed on the street like a dog in broad daylight, not a golden handshake, while the general public applauds, go do some research if you want to see what the consensus is amongst the people,

I think the change in attitude overnight from health insurance companies in the US has been hilarious, out of all the murders that occur in the US, this one has shaken the untouchables to the core because someone reached out and touched them, and for some reason they're shocked that the average Joe is laughing about it, there's a lack of sympathy

Curious to see how this goes in a trial as the jury dynamics at play are going to make this interesting.

[russellw]

Ok, as usual, another thread closed thanks to OTT commentary.