Latest news with #Naples-born
Yahoo
28-05-2025
- Automotive
- Yahoo
Stellantis names Antonio Filosa as new CEO while tariff fears rumble on
Stellantis on Monday named North American chief operating officer Antonio Filosa as the company's new CEO. Filosa, who is 51, will assume his new powers on 23 June, although a shareholder meeting is required to formally appoint him. Stellantis said that this meeting would be 'called in the coming days'. As President Donald Trump's tariff policies continue to threaten multinational carmakers, the Italian COO is tasked with turning Stellantis' fortunes around in the face of market headwinds. 'The Board selected Antonio Filosa to be CEO based on his proven track record of hands-on success during his more than 25 years in the automotive industry, the depth and span of his experience around the world, his unrivalled knowledge of the Company and his recognised leadership qualities,' Stellantis said on Monday. Related Stellantis shareholders approve €23.1mn payout for former CEO Tavares Stellantis CEO Tavares quits: Why his EV bet sparked his departure Filosa's predecessor, Carlos Tavares, resigned suddenly in December 2024 after Stellantis issued a profit warning in September. Sales in North America were particularly lacklustre, leaving dealers with a backlog of unsold vehicles. Tavares also clashed with Stellantis' board over his electrification strategy. The CEO was keen to push for 100% battery electric vehicle (BEV) sales in Europe by 2030, while the board wanted to slow the pace of the transformation. In the wake of Tavares' departure, Filosa was promoted to lead Stellantis' North America operations. Having fought off external and internal candidates, the Naples-born COO will now take charge of Stellantis' 14 brands, including Peugeot, Fiat, Chrysler, Citroën and Jeep. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Euronews
28-05-2025
- Automotive
- Euronews
Antonio Filosa named new Stellantis CEO as tariff fears rumble on
Stellantis on Monday named North American chief operating officer Antonio Filosa as the company's new CEO. Filosa, who is 51, will assume his new powers on 23 June, although a shareholder meeting is required to formally appoint him. Stellantis said that this meeting would be 'called in the coming days'. As President Donald Trump's tariff policies continue to threaten multinational carmakers, the Italian COO is tasked with turning Stellantis' fortunes around in the face of market headwinds. 'The Board selected Antonio Filosa to be CEO based on his proven track record of hands-on success during his more than 25 years in the automotive industry, the depth and span of his experience around the world, his unrivalled knowledge of the Company and his recognised leadership qualities,' Stellantis said on Monday. Filosa's predecessor, Carlos Tavares, resigned suddenly in December 2024 after Stellantis issued a profit warning in September. Sales in North America were particularly lacklustre, leaving dealers with a backlog of unsold vehicles. Tavares also clashed with Stellantis' board over his electrification strategy. The CEO was keen to push for 100% battery electric vehicle (BEV) sales in Europe by 2030, while the board wanted to slow the pace of the transformation. In the wake of Tavares' departure, Filosa was promoted to lead Stellantis' North America operations. Having fought off external and internal candidates, the Naples-born COO will now take charge of Stellantis' 14 brands, including Peugeot, Fiat, Chrysler, Citroën and Jeep. The challenges reflect broader ones faced by a Chinese economy hobbled by a prolonged real estate crisis that has hurt consumer spending. Beijing also faces growing pushback from Europe and the United States over surging exports. 'The picture has deteriorated across many key metrics,' the European Union Chamber of Commerce in China said in the introduction to its Business Confidence Survey 2025. The same forces that are driving up Chinese exports are depressing the business outlook in the Chinese market. Chinese companies, often enticed by government subsidies, have invested so much in targeted industries such as electric vehicles that factory capacity far outpaces demand. The overcapacity has resulted in fierce price wars that cut into profits and a parallel push by companies into overseas markets. In Europe, that has created fears that growing imports from China could undermine its own factories and the workers they employ. The EU slapped tariffs on Chinese EVs last year, saying China had unfairly subsidised electric vehicle production. 'I think there's a clear perception that the benefits of the bilateral trade and investment relationship are not being distributed in an equitable manner,' Jens Eskelund, the president of the EU Chamber in China, told reporters earlier this week. He applauded efforts by China to boost consumer spending but said the government must also take steps to ensure that supply growth doesn't outpace that in demand. The survey results show that the downward pressure on profits increased over the past year and that a fall in business confidence has yet to bottom out, Eskelund said. About 500 member companies responded to the survey between mid-January to mid-February. 'It is just very difficult for everyone right now in an environment of declining margins,' he said.
Euronews
28-05-2025
- Automotive
- Euronews
Stellantis names Antonio Filosa as new CEO as tariff fears rumble on
Stellantis on Monday named North American chief operating officer Antonio Filosa as the company's new CEO. Filosa, who is 51, will assume his new powers on 23 June, although a shareholder meeting is required to formally appoint him. Stellantis said that this meeting would be 'called in the coming days'. As President Donald Trump's tariff policies continue to threaten multinational carmakers, the Italian COO is tasked with turning Stellantis' fortunes around in the face of market headwinds. 'The Board selected Antonio Filosa to be CEO based on his proven track record of hands-on success during his more than 25 years in the automotive industry, the depth and span of his experience around the world, his unrivalled knowledge of the Company and his recognised leadership qualities,' Stellantis said on Monday. Filosa's predecessor, Carlos Tavares, resigned suddenly in December 2024 after Stellantis issued a profit warning in September. Sales in North America were particularly lacklustre, leaving dealers with a backlog of unsold vehicles. Tavares also clashed with Stellantis' board over his electrification strategy. The CEO was keen to push for 100% battery electric vehicle (BEV) sales in Europe by 2030, while the board wanted to slow the pace of the transformation. In the wake of Tavares' departure, Filosa was promoted to lead Stellantis' North America operations. Having fought off external and internal candidates, the Naples-born COO will now take charge of Stellantis' 14 brands, including Peugeot, Fiat, Chrysler, Citroën and Jeep.
New York Post
22-05-2025
- Entertainment
- New York Post
Marco Carola asks $6.33M for fully furnished Miami home
Techno titan Marco Carola, the globe-trotting DJ and producer, is listing his splashy Florida skypad for $6.33 million, Gimme Shelter has learned. The unit is in Miami's sleek, 66-story Aston Martin tower, which bills itself as the tallest residential-only building south of New York City. Carola's floor-through residence, at 300 Biscayne Blvd. Way, is on the 31st floor and comes with a 300-square-foot terrace. The 'global ambassador of techno' — set to perform in Ibiza this weekend — bought it for an undisclosed price in pre-construction, listing broker Carlo Dipasquale, of Compass, told Gimme Shelter. 7 Marco Carola. WireImage 7 The downtown Miami skypad comes fully furnished. Miami Real Estate Photographers 7 The residence looks out to lovely warm-weather views. Miami Real Estate Photographers 7 The open kitchen and dining area, with art that is included in the sale. Miami Real Estate Photographers Carola, we hear, loves Miami and is not looking to leave. Instead, friends say, he's scouring South Beach, looking for a bigger residence. 'He is Italian, and wants to be on the beach,' said Dipasquale, adding that the jet-setting DJ is always traveling from Bali and Tokyo to Rio, among other destinations. 'He is always working and listening to music as soon as he arrives in a new place, and then he plays all night. When he has one or two hours off [in Miami], he just wants to go to the beach,' Dipasquale said, adding that the Naples-born DJ 'lives all over the world,' and also has a home in Milan, and an investment property at the Setai in Miami. 7 The massive tower comes with an infinity pool on the 55th floor. Aston Martin Residences At 3,536 square feet, the luxury apartment features four bedrooms, 5.5 baths — and comes furnished by the high-end Italian designer Minotti. All furnishings and artwork are included in the sale price, Dipasquale said. Details in the massive luxury condo include a grand kitchen and an open living/dining area — along with views from the city skyline to Biscayne Bay and Coconut Grove. The sail-shaped tower delivers 391 units and an infinity pool on the 55th floor. 7 The floor-through apartment has a home office area. Miami Real Estate Photographers 7 The chic outdoor space boasts water views. Miami Real Estate Photographers Additional building amenities include a hot tub, a sauna, a gym and a barbecue area, along with a putting green, parking and valet services. It also comes with access to a private a super-yacht marina. 'This building is a true architectural icon along the South Florida skyline that set a new standard for luxury living on one of the last parcels of Miami's waterfront,' Dipasquale said.
Time Out
30-04-2025
- Entertainment
- Time Out
Vincenzo Capuano brings his award-winning contemporary Neapolitan pizzas to Singapore this May
The pizza fever is here to stay in Singapore, what with the upcoming opening of Japan's wildly popular Pizza Studio Tamaki this June, and equally exciting news: the launch of Vincenzo Capuano's first Singapore outlet next month. The Naples-born chef will be unveiling his namesake restaurant at Robertson Quay on May 17. Chef Vincenzo's pizzas are known for using 'Nuvola Super' flour – a proprietary flour he developed with a manufacturer. The dough is then long-leavened and highly hydrated to achieve a fluffy, light texture. To test the quality of the crust and base, guests are invited to cut apart the pizza dough with a pair of golden scissors placed on every table – a highlight of the dining experience. But it's not just diners who've given their nod of approval. The third-generation pizzaiolo has racked up some 40 awards in his two decades of pizza making, including the World Champion of 'Contemporary Pizza' in 2022, and most recently, the 12th spot among the 50 Top World Artisan Pizza Chains in 2024. Chef Vincenzo's success stretches beyond Italy, with 30 restaurants peppered across the Netherlands, Germany, Kosovo, and Dubai. He also frequently takes to social media, where he has over a million followers on TikTok and Instagram combined, to share kitchen behind-the-scenes and creative cooking videos. View this post on Instagram A post shared by Vincenzo Capuano official (@capvin) In Singapore, you can look forward to favourites like the Abbraccio e Mamma, which comes with a ricotta-stuffed crust and handmade meatballs; Tetti Illuminati, with a fior di latte base and toppings of mortadella, pistachio, and Pecorino Romano; and the Napolitudine, where crushed tomatoes, meatballs, and basil take the centre stage. There's also Come Una Capricciosa, which sees cooked ham, champignon mushrooms, and artichokes as main ingredients. here.
