Overview

• The appointment takes effect immediately and replaces Doug Ostermann, who resigned for personal reasons.
• Stellantis said its 2025 guidance remains as outlined on July 29 during its first-half earnings call.
• The leadership change follows a €2.3 billion ($2.7 billion) loss in the first half of 2025 alongside U.S. market weakness and new import tariffs.
• The automaker recently said it will pause production later this year at two European plants.
• Laranjo, a longtime FCA/Stellantis finance executive who worked at Goodyear in 2024 and rejoined earlier in 2025, was welcomed by CEO Antonio Filosa for his financial acumen.