Stellantis to Pay Divisional and Individual Bonuses After $26 Billion Loss
Stellantis posted a $26 billion loss in 2025 but will award divisional and individual performance bonuses to nonunion salaried employees at the end of March. CEO Antonio Filosa earned $6.3 million in 2025 while he and Chairman John Elkann forfeited up to $6.4 million and $2.7 million in company-wide bonuses.
1. Bonus Eligibility and Structure
Non-bargaining unit employees qualify for Stellantis’s Annual Incentive Plan payments based on company, divisional and individual performance pillars. With overall 2025 targets unmet, only divisional and individual components will be paid to eligible salaried staff at the end of March.
2. 2025 Financial Performance
Stellantis recorded a $26 billion net loss in 2025, eliminating any company-wide incentive payouts. The loss also led to no profit-sharing checks for UAW-represented employees.
3. Executive Compensation Outcomes
CEO Antonio Filosa’s 2025 compensation totaled $6.3 million, including salary, relocation and benefits, but he forfeited up to $6.4 million in bonuses. Chairman John Elkann similarly did not receive his potential $2.7 million incentive.
4. Implications for Labor Relations
Awarding bonuses to salaried, nonunion staff while withholding profit sharing from union workers may heighten tensions with the UAW. The approach highlights Stellantis’s focus on divisional and individual performance despite deep financial losses.