New Stellantis (NYSE:STLA) CEO Antonio Filosa, who took over the top job one week ago, has made his first major leadership move, promoting Tim Kuniskis to oversee all American brands and lead marketing and retail strategy in North America.
Kuniskis remains CEO of Ram. He now has a broader role across the company’s U.S. operations. Kuniskis, who came out of retirement after seven months, returned to Stellantis late last year after former Stellantis CEO Carlos Tavares unexpectedly stepped down.
Stellantis is also bringing back the Street and Racing Technology performance division.
SRT will combine engineers from Dodge, Jeep, Ram, and Chrysler and will focus on high-performance vehicles and motorsports.
“SRT is another box we needed to check,” Kuniskis said in a press release Wednesday. “We’re getting the band back together.”
Kuniskis is also leading a major product launch at Ram as part of an effort to combat yearslong sales declines. The brand plans to launch 25 new products throughout the next 18 months.
Earlier this month, Kuniskis announced the return of its popular V-8 Hemi engines for its Ram 1500 full-size pickup trucks. Ram plans to offer the engine again in early 2026.
STLA shares began Thursday, the last day before a long weekend up nine cents to $10.41.
