Stellantis’ 2025 financial figures for its staff have been released, following the company’s $26.3 billion net loss. It’s not exactly good news for employees, but it’s still a life of luxury for CEO Antonio Filosa in his first year at the helm of the company.
Filosa collected $6.37 million as his total pay package, including a base salary of $1.65 million and $440,000 in fringe benefits such as insurance, vehicles and transportation. He also receives $1.77 million a year in long-term incentives, as well as post-retirement benefits.
But after the company reported major losses, Stellantis employees were told they would receive no bonus for their efforts in 2025. Despite Ford and GM also recording losses in 2025, Ford rewarded its staff with a $6,780 bonus, while GM issued $10,500 to each employee. Meanwhile, across the Atlantic, Ferrari recently announced that $18,000 would go to each employee in Italy.
Top vs Bottom
Another case of top versus bottom is on display. Working for one of the biggest global powerhouses in the automotive industry should be one of the best roles in the world for petrolheads.
Under previous leadership, Carlos Tavares earned $14 million in his final year, not including an $11.7 million severance payment when he stepped down. In 2023, he reportedly earned $39.5 million in today’s money. The warning signs were there, and while current boss Filosa is earning less, the majority of staff who run the day-to-day operations are left empty-handed.
Given the company’s precarious outlook in North America and across the globe, it could be argued that it hasn’t learned from its previous mistakes.
‘Corporate Greed’ on Display
The wealth disparity has struck a chord with the United Auto Workers trade union, particularly as there was no plan in place to reward staff members. This is despite bonuses typically being tied directly to profit margins. The Michigan-based organization is facing even greater scrutiny given the generosity shown by Ford and GM, especially when things are not plain sailing for all three automotive giants.
United Auto Workers Vice President Rich Boyer, who oversees the Stellantis department, stated: “The company chose short-term profits over sustainability, prioritized shareholder payouts instead of investing in the future, and cut the heart and soul out of the plants to cover up the results,” he said.
“This is a clear example of corporate greed, and one that is all too familiar to the employees of the former Chrysler Corporation. The hard work of UAW members across the United States is not to blame.”
CEO to Average Worker Pay Difference
CarScoops reported that current boss Filosa’s 2025 pay package was about 82 times higher than that of the average Stellantis employee. Per the report, the statistic still highlights the significant gap between executive compensation and the earnings of the wider workforce.
While Filosa’s pay is lower than that of previous leadership, the disparity remains stark, particularly in a year when many employees received no bonus at all.
Such differences are not unusual across major global corporations, but they have drawn renewed scrutiny given Stellantis’ recent financial struggles.
For unions and workers, the figures reinforce concerns that, even with reduced executive pay, the divide between leadership and the wider workforce remains substantial.