Stellantis CFO Vows to Rebuild Trust After CEO Tavares Exit (1)

Stellantis NV is working to rebuild trust with dealers, suppliers, unions and governments after a period of tension under former Chief Executive Officer Carlos Tavares.

There were “increasing diversions” between the ousted CEO and the board over what decisions should be taken for the longer-term benefit of the company, Chief Financial Officer Doug Ostermann said Wednesday.

“We need to build back trust,” the CFO said at a Goldman Sachs conference in London, adding that he’s confident Stellantis can show “significant improvement” on margins next year and pay a dividend.

“I feel strongly that we will have a dividend,” Ostermann ...