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Central to Tavares' mishandling of the company seems to be a shortsighted focus on cost-cutting rather than sustainable growth and innovation. His departure followed increasing tensions with the boards of Chrysler and Fiat, forcing Stellantis to reassess its strategy moving forward. Chairman John Elkann stated that the next CEO selection is a critical priority, especially as it will shape the future of the 14 brands within the Stellantis umbrella.