Stellantis Restructures European Leadership: Alfa Romeo and Maserati Unified Under One CEO

On June 30, 2025, Stellantis announced a reshuffle of its European management team effective July 1. Santo Ficili, current CEO of Alfa Romeo, will assume the additional role of CEO of Maserati, unifying oversight of both Italian luxury brands. Luca Napolitano has been appointed Head of Stellantis&You Sales and Services. Meanwhile, Jean-Philippe Imparato, former head of Europe who had served the company for 36 years, will depart. This reorganization forms part of the broader restructuring of Stellantis’ Greater Europe region led by Emanuele Cappellano. Previously, Imparato served as CEO of Maserati and focused on enhancing the brand’s performance along with that of Stellantis&You. As early as October 2024, Ficili had already been named CEO of both Alfa Romeo and Maserati and joined the Group’s Global Executive Committee. On June 17, 2025, Stellantis CEO Antonio Filosa stated during a parliamentary hearing in Italy that the company was in discussions with two potential partners regarding a collaboration for the Maserati brand and would finalize a partner soon. However, just a month earlier, the Group had clearly affirmed in its five-year €60 billion investment plan its commitment to strengthening the Maserati brand, including the addition of two new E-segment models, with a detailed roadmap to be unveiled in December 2026 in Modena, Italy. Stellantis owns multiple brands, including Alfa Romeo, Maserati, Jeep, Peugeot, and Fiat. In 2025, the Group reported global sales of 5.484 million vehicles (excluding joint ventures). For 2024, Stellantis posted net revenue of €156.9 billion, down 17% year-over-year; net profit of €5.5 billion, a 70% decline; and an adjusted operating margin of 5.5%. In 2025, net revenue stood at €153.5 billion, down 2% year-over-year, with a net loss of €22.3 billion, primarily due to €25.4 billion in charges related to strategic realignments and regulatory changes. On December 1, 2024, the resignation of former CEO Carlos Tavares was approved by the Board. On May 28, 2025, Antonio Filosa was appointed as the new CEO and formed a new leadership team in June 2025, while continuing to oversee North America and U.S. brand operations. In China, Xin Tianshu has served as Chief Operating Officer of Stellantis China and Head of the “Stellantis–Leapmotor Strategic Alliance” since February 26, 2025, while continuing as CEO of the joint venture “Leapmotor International.” Grégoire Olivier serves as Head of China Market Strategy and Senior Advisor. Both report to Maxime Picat, Executive Vice President. Stellantis holds approximately a 20% stake in Leapmotor and leads the 51%-owned joint venture “Leapmotor International,” established in May 2024, which is headquartered in Amsterdam, the Netherlands. The Group expects mid-single-digit percentage growth in net revenue for 2026, a low-single-digit adjusted operating margin, year-over-year growth in industrial free cash flow, and a return to positive free cash flow by 2027. Filosa emphasized that 2026 will focus on correcting prior operational deviations and restoring profitable growth.