Stellantis Welcomes Joao Laranjo as New CFO for Growth
Stellantis Announces New Chief Financial Officer
Stellantis N.V. has officially appointed Joao Laranjo to the pivotal role of Chief Financial Officer, marking a significant leadership transition within the company.
Leadership Transition
This change coincides with the resignation of Doug Ostermann, who stepped down for personal reasons. Laranjo is set to take on all duties formerly held by Ostermann, bringing his extensive experience to bear on Stellantis' financial strategies.
Joao Laranjo’s Robust Background
Laranjo is well-equipped for this new challenge, having accumulated over 20 years of experience in finance and auditing. His career trajectory includes leadership positions at Fiat Chrysler Automobiles (FCA), where he gained profound insights into financial management within the automotive arena since joining in 2009.
A History of Financial Leadership
Laranjo's impressive career began at General Electric in 2001. He held several roles including Associate Auditor and Controller for GE Healthcare in South America before joining FCA as Chief Accounting Officer for Latin America. His strategic initiatives significantly contributed to financial transformation and growth in the region.
Recent Roles and Expertise
Prior to his appointment at Stellantis, Laranjo held the title of Chief Financial Officer for Stellantis North America and later served as Goodyear's Vice President of Finance. This blend of experiences equips him uniquely to navigate the complexities of the automotive industry and drive financial excellence at Stellantis.
Educational Accomplishments
His educational qualifications include an MBA from IBMEC in Brazil and participation in the Advanced Finance Program at The Wharton School, which complement his professional prowess.
CEO’s Confidence
Antonio Filosa, Stellantis CEO, expressed enthusiasm about Laranjo's appointment, stating that his financial expertise and industry knowledge will be invaluable as the company strives for sustained growth and success. Filosa also recognized Doug Ostermann’s years of service, reflecting a spirit of gratitude within the organization.
Financial Guidance and Market Outlook
Stellantis is steadfast in its commitment to its financial guidance for 2025, which was announced earlier this year. The company aims to maintain transparency and consistency in its fiscal operations as it prepares for future earnings announcements.
About Stellantis
Stellantis N.V. (NYSE: STLA, PARIS: STLAP) is a top-tier global automaker dedicated to delivering diverse mobility solutions. With an exceptional lineup of renowned brands, Stellantis continues to innovate and embrace emerging technologies, ensuring stakeholder value.
Company Contact Information
For further inquiries, please reach out to:
Fernão SILVEIRA +31 6 43 25 43 41 – fernao.silveira@stellantis.com
Nathalie ROUSSEL +33 6 87 77 41 82 – nathalie.roussel@stellantis.com
Frequently Asked Questions
Who is Joao Laranjo?
Joao Laranjo is the newly appointed Chief Financial Officer of Stellantis, with over 20 years of experience in finance and auditing in the automotive sector.
What role did Doug Ostermann play at Stellantis?
Doug Ostermann previously served as Chief Financial Officer before resigning for personal reasons.
What are Laranjo's qualifications?
He holds an MBA from IBMEC in Brazil and graduated from the Advanced Finance Program at The Wharton School.
How does this appointment affect Stellantis’s future?
This transition aims to reinforce Stellantis's financial strategies and position it for future growth in the automotive industry.
What is Stellantis known for?
Stellantis is recognized as a leading global automaker with a diverse portfolio of iconic brands, focused on innovation and the latest technologies in mobility.
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