Overview
- The appointment takes effect immediately, the company said.
- Doug Ostermann stepped down for personal reasons after being named CFO in October 2024.
- Joao Laranjo, a Brazilian executive close to CEO Antonio Filosa, previously led finance for North America at Fiat Chrysler and briefly worked at Goodyear.
- U.S. regulators have disclosed recalls of roughly 120,000 Jeep Wagoneer and Grand Wagoneer SUVs from model years 2022 to 2024 for window trim that can detach, following an earlier recall of about 164,000 vehicles for door trim.
- The leadership change comes as Stellantis seeks to reverse a U.S. downturn that produced an adjusted operating loss of about €950 million in the first half.