Jeep is an American icon. The automaker's roots date back to World War II, and the company's vehicles have been serving the needs of American drivers (on and off-road) for decades.
The Jeep brand has had lots of owners over the years. It was part of Chrysler for many decades. Today, Jeep is part of Stellantis (STLA +4.07%), a European automaker that owns several well-known global car brands.
NYSE: STLA
Key Data Points
Here's a closer look at Jeep's owner. We'll also explore Stellantis' largest shareholders and its board of directors. This information will help you decide whether you want to invest in the stock of the company that owns the iconic Jeep brand.
Who is the owner of Jeep?
Jeep has changed hands several times over the decades. The company's roots date back to the early days of World War II when the U.S. Army wanted a four-wheel-drive reconnaissance car in case the country joined the war. The company's most prominent owner was Chrysler Corp., once a member of Detroit's big three automakers. It owned the brand for years after buying out American Motor Company in 1987, primarily for the Jeep brand.
However, Italian automaker Fiat bought out Chrysler in 2014, creating Fiat Chrysler Automotive (FCA). A few years later, FCA agreed to merge with Peugeot to create one of the largest global automakers. They renamed the combined company Stellantis. The global automaker owns several leading brands, including Jeep, Chrysler, Dodge, Fiat, Opel, Maserati, Ram, Peugeot, and Citroen.
Shareholder
Board of Directors
As of mid-2024, Stellantis' 11-member board consisted of:
- John Elkann joined Stellantis' board at its creation in January 2021 as an executive director and board chair. He previously served as the chair and executive director of FCA, a role he held since October 2014. Before that, he was the chairman of Fiat, where he had been a board member since 1997. Elkann is also the CEO of Exor, one of the company's leading shareholders. He owns more than 1 million shares of Stellantis.
- Carlos Tavares is the CEO and executive director of Stellantis. He was previously the chairman of Peugeot's managing board, a position he had held since 2014. Tavares also previously served as the CEO of Renault. He holds almost 1.2 million shares of Stellantis.
- Robert Peugeot has been a non-executive director and vice chairman of the board since Stellantis' formation in 2021. He's also the board chair of Peugeot Invest, one of the company's leading shareholders. Peugeot held several executive positions within Peugeot before the merger with FCA. He holds 15,000 shares of Stellantis.
- Henri de Castries joined the board in January 2021. He was formerly the CEO and board chair of AXA. He owns 21,000 shares of Stellantis.
- Fiona Clare Cicconi was appointed employee representative of the company's board at its founding in January 2021. She was the chief people person at Alphabet's (GOOG -2.21%)(GOOGL -2.37%) Google, and the chief human resources officer at AstraZeneca (AZN -0.78%). She owns about 11,600 shares of Stellantis.
- Nicolas Dufourcq joined the board in 2021. He's the CEO of Bpifrance (one of the company's top shareholders). He doesn't own any shares.
- Ann Frances Godbehere also joined the board at the company's founding in 2021. She has been a CFO and a non-executive director for the boards of several large natural resources companies. She owns more than 9,600 shares of Stellantis.
- Wan Ling Martello has been on the board since Stellantis's founding in 2021. She's currently a founding partner of private equity firm BayPine. She has held several executive positions at Nestle (NSRGY -2.62%). She doesn't own any shares.
- Claudia Parzani joined Stellantis' board in early 2024. She has been the chair of the Borsa Italiana since 2022 and is currently a senior advisor at Linklaters. She doesn't own any shares.
- Benoit Ribadeau Dumas joined the board in 2023. He's a managing director at Exor, which is one of the company's leading shareholders. He has also served in the French government and has been an executive at several aerospace companies. He doesn't own any shares.
- Jacques de Saint-Exupéry joined the board in 2021. He held several roles at Peugeot, including positions in the corporate finance and treasury department. He holds 1,000 shares of Stellantis.
Related investing topics
How to invest in Jeep?
You can't invest directly in Jeep because it's a subsidiary of Stellantis. However, you can invest in the global gas-powered and electric car manufacturer. The public company trades on the New York Stock Exchange under the stock ticker STLA, so anyone with a brokerage account can buy the car stock.
If you don't have a brokerage account yet, they're easy to open. Here's a list of the top-rated brokerage and stock trading accounts. Make sure you research the brokers to find the best one for you.
Opening and funding a brokerage account is the first step to learning how to invest money. Additional steps you'll need to take include:
- Figure out your budget: You'll want to decide how much you want to invest in Stellantis stock. The Motley Fool investing philosophy recommends building a diversified portfolio with at least 25 stocks. So, if you have $10,000 you want to invest, you'd allocate about $400 equally across 25 stocks, including Jeep owner Stellantis.
- Do your research: It's imperative to research a company thoroughly before you buy shares. You should check out its competitors, learn about its balance sheet, and investigate its profitability. Specific to Stellantis, you must thoroughly understand how to invest in automotive stocks.
- Fill out your order page: When you're ready to buy shares, you'll open the order page at your brokerage account and fill out all the relevant information, including:
- The number of shares you want to buy (or the amount you want to invest in fractional shares)
- The correct stock ticker (STLA for Stellantis)
- The order type (market or limit order)
Make sure to double-check your order page before submitting your trade. When you're ready, click submit to become a shareholder of Jeep's owner, Stellantis.
FAQ
About the Author
