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International Business Times
International Business Times
Business
Tangi QUEMENER

Stellantis Boss Tavares Defends Pay Rise Ahead Of Shareholders' Vote

Stellantis Carlos Tavares Peugeot Euro Citroen Dodge FIAT Opel
Tavares said his renumeration was 'contractual' (Credit: AFP)

Stellantis chief executive Carlos Tavares has defended his 36.5 million euro ($38.75 million) pay package ahead of a vote Tuesday by the car giant's shareholders.

The vote at an annual general meeting in Amsterdam is non-binding but will be closely watched after several activist investors called for a vote against the salary. His wage was rejected in 2021.

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