Why Stellantis members won’t receive profit sharing checks in 2025
Unlike Ford Motor Co. and General Motors Co. employees, Stellantis auto workers will not receive UAW profit-sharing checks in 2025.
- Stellantis CEO Antonio Filosa earned about $6.3 million in 2025.
- Former CEO Carlos Tavares is reported to have been paid about $14 million in severance and bonuses after he retires in 2024.
Stellantis CEO Antonio Filosa was paid about $6.3 million (5.4 million euros) for his work in 2025 after taking the top job at the automaker in June, according to financial records filed by Stellantis.
Prior to his promotion to CEO, Mr. Filosa served as Chief Operating Officer for North America. During his short period of leadership, the brand decided to launch several new cars and completely recalibrate its electric vehicle plans.
Filosa’s $6.3 million payday is slightly less than what he probably could have been paid, according to the filing. If Filosa had met certain goals, such as positive cash flow in 2025, he could have earned more than $10 million.
The company announced a massive $26.3 billion annual loss on Thursday, February 26, and said the slowing pace of transition to EVs was the main cause of the loss. In response to such losses, the company also announced that it would no longer pay out any money in the form of profit-sharing checks to its members. It is usually an arrangement in which workers can expect at least a few thousand dollars in net benefits to union members.
Mr. Filosa was not the highest paid person listed in the filing. Carlos Tavares, Stellantis’ former CEO, received about $14 million from Stellantis in 2025 after leaving his position in December. Mr. Tavares received a $10 million performance bonus in 2024 and a severance package upon retirement.
Chairman John Elkann, who led the interim executive committee during Stellantis’ temporary CEO absence, received $2.8 million from Stellantis. The company reported that Mr. Elkann declined additional compensation for the time he spent leading the Interim Leadership Committee.
Liam Rapley covers Stellantis and the UAW for the Detroit Free Press. Contact him: LRappleye@freepress.com.
