Stellantis CEO Antonio Filosa is about to unveil his plan to turn the company around as the automaker's stock lags

Key points

• DETROIT — Stellantis CEO Antonio Filosa has said leading the transatlantic automaker is a dream come true, but the company's stock has been anything but that for investors under his short tenure thus far.
• Stellantis stock is off nearly 30% since Filosa, a company veteran from Italy who climbed through the ranks, was named CEO nearly a year ago.
• It's down about 21% since he officially started as CEO last June.
• Thursday marks a major next step for Filosa and his executive team, as they unveil a turnaround plan for the embattled automaker during a capital markets day at Stellantis' North American headquarters near Detroit.
• Filosa has promised investors that the day "will outline the next phase of our strategy with clear priorities, clear targets, and a focused road map for execution." The strategy he and others will present this week is expected to focus regionally on key brands such...