Stellantis on Tuesday denied Carlos
Tavares was getting a 100 million euro golden handshake after
quitting as CEO of the Italo-Franco-US carmaker.
Stellantis "denies the figures reported by the media on the
financial terms of Carlos Tavares' resignation, which are very
imprecise and far from reality", it said in a statement.
Stellantis stated that "it does not disclose the details of the
resignations of its employees, including managers, except in
cases provided for by law in respect of their privacy, while it
is required to disclose the remuneration of its CEOs in the
company's annual remuneration report".
Foreign Minister Antonio Tajani said he had renounced severance
pay as a European commissioner and hoped that others would do
the same.
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