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French president Macron finds salary of car group CEO Stellantis ‘shocking and exaggerated’


Carlos Tavares ©  REUTERS

Emmanuel Macron finds the salary of the CEO of car group Stellantis, Carlos Tavares, “shocking and exaggerated”. The French president, a candidate for a second term, spoke out in favor of wage ceilings at EU level.

jvhBron: BELGIAN

Last week there was already criticism from shareholders, unions and politicians about Tavares’ wages. According to Stellantis, the CEO’s salary for 2021 rose to more than 19 million euros. It concerns a fixed salary of 2 million euros plus bonuses.

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