Stellantis to pay €1.9 billion to its employees as a result of strong 2021 financial results

Stellantis to pay €1.9 billion to its employees as a result of strong 2021 financial results

  • In all countries where Stellantis is present, employees1 benefit from the Company’s results in first year
  • €1.9 billion redistributed, €770 million more than the cumulative amount redistributed last year by each of the previous legacy companies, representing 70% increase
  • Company compensation and benefit policy aims to enhance employee commitment through a “pay for performance” approach in a challenging context (pandemic, semi-conductor shortage, etc.)

(PRESS RELEASE) AMSTERDAM, 23-Feb-2022 — /EuropaWire/ — Stellantis N.V. (STLA:EN), a leading multinational automaker and provider of innovative mobility solutions formed in 2021 by the merger of Fiat Chrysler and PSA Group, has announced the redistribution of €1.9 billion to its employees as a recognition of their contribution to the Company’s achievements following the strong 2021 financial results.

“Employees are the heart of Stellantis. It is thanks to their continued focus on execution and excellence that we were able to achieve record results in our first year as Stellantis, said Carlos Tavares, Stellantis CEO. “Every Stellantis employee took on an extraordinary task in 2021 of combining two automakers while facing serious external challenges. Our goal is that all employees benefit from the company’s profitable growth. We are pleased to reward and thank our team members for their tireless commitment.”

1 STELLANTIS NV Automotive division (without JVs, temporary workers)

Media contacts:

Valerie GILLOT
+ 33 6 83 92 92 96

Nathalie ROUSSEL
+ 33 6 87 77 41 82

SOURCE: Stellantis NV


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