Carlos Tavares's Wall Street debut: January 19th STLA (Stellantis stock symbol ) and Media Press Conference

[AlexB]

Speak about the “operational headquarters “

Stellantis sign goes up outside Auburn Hills HQ after FCA-Peugeot merger

The merger between Peugeot maker PSA and Fiat Chrysler Automobiles that will lead to the creation of Stellantis was officially complete Saturday.

www.clickondetroit.com

U.S. Monday was a Holiday: Martin Luther King day.

 

[AlexB]

Google Translate:
Tavares, the CEO of Stellantis today visiting Turin

First official release in corso Agnelli 200 for the CEO of the new group: at 3.40 pm he will attend the debut on Wall Street at Mirafiori
After its upward debut on the Milan (+ 7.6%) and Paris (+ 7.2%) lists and a capitalization of 42.2 billion, Stellantis is preparing to enter the New York Stock Exchange. A debut that the CEO, Carlos Tavares , will follow from Turin. The CEO of the group just born from the merger between FCA and PSA will visit the Mirafiori complex today . The first real opportunity to get to know the Italian component of his new team, immersing himself in the history of a factory in which Fiat began to move production from the old Lingotto site in 1939.

After visiting the departments, Tavares will stop in front of the office building, in front of the staircase of the historic Gate 5, in Corso Agnelli 200, where the new "Stellantis" sign has already been placed and the white flags are already waving with the new logo. . The directional lift will accompany the CEO to the second floor, where Fiat Auto's CEOs have always had their office. Tavares will walk along a corridor where a good piece of Italian automobile history has been written, and more. He will walk where, before him, Senator Agnelli, Gianni Agnelli , Vittorio Ghidella, Paolo Cantarella, Roberto Testore, Herbert Demel, Sergio Marchionne, Gianni Coda, Alfredo Altavilla, Mike Manley and Pietro Gorlier walked, among others . At 3.40 pm sharp, the new CEO will choose from which position to watch the debut of the Stellantis stock on Wall Street . He will then hold a streaming press conference where, in all likelihood, he will begin listing the group's strategies.

Tavares, il CEO di Stellantis oggi in visita a Torino | FormulaPassion.it

Prima uscita ufficiale in corso Agnelli 200 per l'amministratore delegato del nuovo gruppo: alle 15.40 assisterà al debutto a Wall Street da Mirafiori

www.formulapassion.it

Carlos did hint about move to Italy:
Post in thread 'FCA and PSA formally agree to merger:Merger Wednesday'
FCA and PSA formally agree to merger:Merger Wednesday

He listed:Turin first, Amsterdam second, Paris third.

 

[AlexB]

A great article about the Netherlands:Tax treaties create $4.2 trillion cash flow through Netherlands

 

[pumadog]

In your linked quote Tavares said he'd travel mostly to Turin, Amsterdam, Paris … What will he do in Amsterdam? Take the mail for distribution in Paris and Turin?

 

[AlexB]

In your linked quote Tavares said he'd travel mostly to Turin, Amsterdam, Paris … What will he do in Amsterdam? Take the mail for distribution in Paris and Turin?

Exor do have an office in the same
area, and that’s where legally the Shareholder Meetings officially occur (FCA/Stellantis,CNH).

Just as I think about, Shareholder meeting function is largely an action of mail......

 

[AlexB]

Almost time to open Wall Street for business :

 

[AlexB]

After NYSE opens, the Carlos press conference follows:https://channel.royalcast.com/landingpage/stellantis-en/20210119_2/

 

[AlexB]

Thumbs up by John

 

[pumadog]

Bell ceremony is not a blockbuster to watch. Maybe more interesting if on location.

 

[AlexB]

The press conference is playing nice video.
I will give a running play-by-play.
Edit :Then they stop playing the video.

 

[AlexB]

Carlos now talking:mention 12,000 merger documents

 

[AlexB]

Carlos talks about going on offense, and society changes.

 

[AlexB]

Carlos talks about the strong teams, and matrix organization: 9 committees!

Business Reviews
Global Program
Brand Review
Allocations
Strategy
Styling review
Brand
Industrial
Region

 

[AlexB]

Carlos called the three turnarounds: Fiat, Chrysler, PSA ''impressive'.
He talks about the successful integration of FIAT +Chrysler, and PSA purchase of Opel.

 

[AlexB]

His chart shows the need to grow luxury and China, as well getting to ''carbon neutral''.

 

[AlexB]

Carlos mention the partnership with Waymo, and states an ''electrified version' for every model introduce ''.

 

[AlexB]

Carlos mention ''doing the right thing' about quality improvement, and the need to move vehicle purchases to online.
He also states the amount of brands are a ''blessing'', and gives more chances to express the company's ''passion'' .

 

[AlexB]

NOW Q%A:
WSJ reporter ask a question already answer by the public documents about ''settling the Headquarters''.
Really, a waste of CEO question.

 

[Bili]

NOW Q%A:
WSJ reporter ask a question already answer by the public documents about ''settling the Headquarters''.
Really, a waste of CEO question.

She was naive.

 

[AlexB]

WSJ:
Her follow question was about brands and Peugeot.
Same answer as the presentation, Carlos states the savings gives a chance to invest in some brands that wasn't a priority. But he states the launch of the Peugeot brand in the U.S. will be the FCA Michigan team decision (Manley).
He also states there will be brand CEO's.