$26 Million for Failure: Stellantis CEO Gets Paid to Crash the Company

$26 Million for Failure: Stellantis CEO Gets Paid to Crash the Company

Stellantis CEO Carlos Tavares just secured his $26.1 million bonus for 2024—the reward for almost driving Dodge, Chrysler, and Jeep off a financial cliff.

This is the same guy who:

Brought you the $90,000 Ram truck nobody asked for

Eliminated every affordable vehicle in the Stellantis lineup

Oversaw a 12% drop in global sales

Let Jeep sink to the bottom of reliability rankings

And yet, the Stellantis board still claims he hit enough "long-term goals" to justify his golden parachute.

Tavares slashed long-term investment, gutted the future of the company for short-term gains, and priced out the loyal working-class customers who built those brands in the first place.

But here’s the kicker: 67% of shareholders approved his bonus and severance plan. So now we know—even failure pays, as long as it’s dressed in a PowerPoint slide and a stock buyback.

CEOs like Tavares aren’t leaders—they’re corporate leeches, draining companies dry for quarterly returns and letting the future rot.

The message is clear:

You don’t need to succeed to get rich. You just need to fail in the right direction.