Stellantis has appointed Joao Laranjo as Chief Financial Officer and member of its leadership team, following the resignation of Doug Ostermann. The automaker said Monday that Laranjo’s appointment takes effect immediately.
The change in leadership comes as Stellantis reaffirms its 2025 financial guidance, first outlined in July. The company expects a stronger second-half performance, projecting net revenue growth compared with the first half, a low single-digit adjusted operating income margin, and improved industrial free cash flow. Stellantis also continues to forecast a tariff impact of about 1.5 billion euros ($1.76 billion) for the year, with 300 million euros already absorbed in the first half.
Laranjo brings more than two decades of finance and auditing experience across international markets. He first joined Fiat Chrysler Automobiles in 2009 as chief accounting officer for Latin America, later holding regional CFO roles, including at Stellantis North America in 2017. After serving as vice president of finance at Goodyear, he returned to Stellantis earlier this year as CFO for North America under the leadership of Antonio Filosa, who became CEO in 2024.
Ostermann, who was named CFO less than a year ago amid a broader management restructuring, stepped down for personal reasons. His tenure included overseeing financial stability efforts during a period of profit pressure, excess U.S. vehicle inventories, and declining sales. Under Filosa’s leadership, his role expanded to cover mergers and acquisitions as well as joint ventures.
The appointment of Laranjo highlights Stellantis’ focus on reinforcing financial stability as it manages industry headwinds, shifting consumer demand, and ongoing trade challenges. The company, which owns Jeep, Ram, Dodge, Chrysler, and Fiat among other brands, is scheduled to release its third-quarter shipments and revenue results on October 30.
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