AMSTERDAM, March 27, 2024 – Stellantis announces the appointment of Alexandre Sorel as the Chief Executive Officer of Stellantis Financial Services for Europe and South America, effective April 1, 2024. He replaces Remy Bayle, who has decided to retire after a 38-year career with the Company.
Alexandre Sorel, a graduate of the Reims Management School, has spent his entire career in the automotive sector. Within the PSA Peugeot Citroën group since 1994, he held various key finance roles. He joined the banking activities in 2009, and in 2015, he was appointed Chief Financial Officer of Banque PSA Finance. He played a role in the acquisition of Opel and Vauxhall financing activities in Europe, and he fostered a partnership with BNP Paribas. In 2017, he became the CEO of Opel Vauxhall Finance, and in 2023, he assumed leadership at Stellantis Bank, covering all Stellantis brands in Germany, Austria, and the United Kingdom.
“Alexandre Sorel has a proven track record in the finance and automotive businesses and demonstrated leadership in business transformation. He takes over the management of Stellantis Financial Services Europe and South America, a major player in attractive and affordable mobility solutions with the mission of pursuing and accelerating our profitable growth, while strengthening our position as leader in clean vehicle financing,” said Philippe de Rovira, Stellantis Chief Affiliates Officer and member of the Top Executive Team of Stellantis.
“I would like to extend my warmest thanks to Rémy Bayle for his outstanding contribution over 38 years,” stated Philippe de Rovira. “Rémy Bayle played a crucial role in establishing Stellantis Financial Services for Europe and South America, covering all brands within the Company. We wish him the best for his future.”
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About Stellantis
Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is one of the world’s leading automakers aiming to provide clean, safe and affordable freedom of mobility to all. It’s best known for its unique portfolio of iconic and innovative brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. Stellantis is executing its Dare Forward 2030, a bold strategic plan that paves the way to achieve the ambitious target of becoming a carbon net zero mobility tech company by 2038, with single-digit percentage compensation of the remaining emissions, while creating added value for all stakeholders. For more information, visit www.stellantis.com
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For more information, contact:
Fernão SILVEIRA +31 6 43 25 43 41 – fernao.silveira@stellantis.com
Nathalie ROUSSEL +33 6 87 77 41 82 – nathalie.roussel@stellantis.com