On the Dash:
- Stellantis appointed Joao Laranjo as CFO effective immediately, following Doug Ostermann’s resignation.
- The automaker reaffirmed its 2025 financial outlook, projecting higher second-half revenue and stable margins.
- Stellantis will release its third-quarter shipments and revenue report on Oct. 30.
Stellantis has appointed Joao Laranjo as Chief Financial Officer and a member of its leadership team, following the resignation of Doug Ostermann. The automaker said Monday that Laranjo’s appointment is effective immediately.
The leadership change comes as Stellantis maintains its 2025 financial guidance, reaffirming projections set in July. The company expects second-half net revenue to rise from the first half, with a low single-digit adjusted operating income margin and stronger industrial free cash flow. Stellantis also continues to forecast a total tariff impact of about 1.5 billion euros ($1.76 billion) this year, with 300 million euros already absorbed in the first half.
Laranjo returns to Stellantis with more than 20 years of finance and auditing experience across global markets. He joined Fiat Chrysler Automobiles in 2009 as chief accounting officer for Latin America before moving into regional CFO roles, including Stellantis North America in 2017. After a period as vice president of finance at Goodyear, he rejoined Stellantis earlier this year as CFO for North America under new CEO Antonio Filosa.
Ostermann had been named CFO less than a year ago during a broader management shake-up that followed slashed profit guidance, heavy U.S. vehicle inventories, and declining sales. Under former CEO Carlos Tavares, Ostermann was tasked with restoring financial stability. Earlier this year, under Filosa’s leadership, his role expanded to include oversight of mergers and acquisitions as well as joint ventures. His resignation was attributed to personal reasons.
The appointment of Laranjo underscores Stellantis’ focus on financial stability as it navigates industry headwinds, shifting consumer demand, and global trade challenges. The automaker, which owns Jeep, Ram, Dodge, Chrysler, and Fiat among other brands, is expected to release its third-quarter shipments and revenue report on Oct. 30.
