The operator of the Windsor Assembly Plant has finalized a merger that took over a year-and-a-half to materialize.
Following completion of the merger of Peugeot S.A. (Groupe PSA) and Fiat Chrysler Automobiles N.V. (FCA) on Saturday, the combined company was renamed Stellantis.
The Board of Directors of Stellantis was also appointed and its Articles of Association became effective. In addition, the Board appointed an Audit Committee, a Remuneration Committee and a Governance and Sustainability Committee on Sunday.
"As previously announced, the Board of Directors of Stellantis is composed of two executive directors, John Elkann (Chairman) and Carlos Tavares (Chief Executive Officer)," wrote Stellantis is a statement Sunday.
The Board also consists of nine non-executive directors.
Now that the merger has officially taken hold, trading of the Stellantis shares will begin on the Paris and Milan stock exchanges Monday, January 18, with trading to begin in New York on the following Tuesday.
-With files from Mark Brown