The Leadership Gap: Why Companies Struggle to Retain Top Executives
02/12/2025
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Companies invest millions in leadership development, yet many of their best executives leave within a few years. Why?
October 18, 2022: -On Monday, the CEO of Stellantis said that the company would use its sites to generate half the energy it needs to manufacture by the middle of this decade.
“We have decided the proper investments for Stellantis to be able, from a manufacturing standpoint, in 2025 to deliver 50% of our energy needs within our sites,” Carlos Tavares said.
Tavares’ remarks came as Stellantis geared up to debut what he called the “first pure-EV Jeep” after details of the vehicle were published last month.
According to Stellantis, the Jeep Avenger’s “targeted electric range” is 400 kilometers or under 249 miles.
The company, whose brands include Fiat, Chrysler, and Citroen, is set to open up reservations for the Avenger on Monday, and it’s slated to arrive in showrooms next year.
Stellantis wants all European passenger sales to be battery-electric by the year 2030. The U.S. wants a “50% passenger car and light-duty truck BEV sales mix” within the same timeframe.
The above targets come as major economies plan to move away from the internal combustion engine in favor of battery electric vehicles.
The European Union, for example, plans to stop the sale of new diesel and gasoline cars and vans from 2035. The U.K., which left the EU on January 31, 2020, is pursuing similar targets.
Stellantis’ plans to focus on its energy supplies are not unique within the automotive industry. In a separate interview with CNBC, the CEO of Mercedes-Benz
Ola Kallenius offered insight into his firm’s goals on that front, including plans to develop a wind farm in northern Germany.
Kallenius also said the company had “recently decided with a European energy provider to build a large-scale project in the Baltic Sea.”
Companies invest millions in leadership development, yet many of their best executives leave within a few years. Why?
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Companies invest millions in leadership development, yet many of their best executives leave within a few years. Why?
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