Stellantis (NYSE:STLA) announced on Monday that Joao Laranjo has been named the company’s new Chief Financial Officer.
Laranjo will take over from Doug Ostermann, who resigned from the role for personal reasons, the automaker said in a statement.
Despite the leadership change, Stellantis confirmed it is maintaining its financial guidance for 2025.
Laranjo brings extensive experience, having joined Fiat Chrysler Automobiles in 2009 and held multiple roles across the company before his promotion to CFO.
This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.