Stellantis Names Carlos Zarlenga as New North America COO, Offers Buyouts to Workers
Stellantis has appointed Carlos Zarlenga as its new chief operating officer for North America, effective February 1, succeeding Mark Stewart. The automaker also plans to offer $50,000 buyouts to production workers represented by the United Auto Workers union in 2024 and 2026.
Zarlenga, who joined Stellantis in 2022, has proven his leadership skills in Mexico. Under his guidance, Stellantis Mexico's sales surged by 30% from 2022 to 2023, marking its best sales year since 2012 and highest-ever profits. Before joining Stellantis, Zarlenga served as president and CEO of General Motors South America.
Stellantis' decision to offer buyouts is part of a broader cost-cutting effort, along with General Motors and Ford, as they transition towards electrification following their labor agreement with the United Auto Workers union. The automaker is investing over $52.9 billion over the next decade to achieve 100% EV sales in Europe and 50% in the U.S. by 2030. Zarlenga is considered the best leader among Stellantis' talent pool to drive this change in North America.
Carlos Zarlenga takes over as Stellantis' chief operating officer for North America, bringing a proven track record of success from his time at Stellantis Mexico. The automaker's offer of $50,000 buyouts to production workers signals a cost-cutting effort as it transitions towards electrification.
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