In ‘merger of equals,’ PSA is buying FCA, Stellantis prospectus says

PSA shareholders’ 6-to-5 advantage on the new board won’t change soon, as members will serve an initial term of office of at least four years; PSA CEO Carlos Tavares will be appointed for a five-year term as Stellantis CEO.

source https://www.autonews.com/blogs/merger-equals-psa-buying-fca-stellantis-prospectus-says