Stellantis appoints new CFO

Stellantis has announced the appointment of Joao Laranjo as Chief Financial Officer and member of the Stellantis Leadership Team, effective immediately. Laranjo succeeds Doug Ostermann, who has resigned from the company for ‘personal reasons’. The change comes as the company struggles to turn itself around after its decline in the US market and the impact of US import tariffs this year. Stellantis lost $2.7 billion (€2.3 billion) in the first six months of 2025. Last week, the company said it will pause p ...