To supercharge strategic initiatives, Stellantis unveils new leadership roles to strengthen its partnership with Leapmotor. Grégoire Olivier takes charge of a newly established ‘liaison office,’ positioning himself at the forefront of this transformative collaboration. Reporting to Stellantis CEO Carlos Tavares, Olivier will also hold a pivotal position on the Leapmotor board, illustrating the depth of integration and cooperation between the two automotive innovators.
Olivier’s mandate involves ensuring the vibrant and precise execution of the partnership strategies. His role encompasses the establishment of a sales joint venture and focused coordination with Leapmotor to optimize the utilization of Stellantis’ substantial distribution and sales resources.
Transitioning into a crucial operational role, Doug Ostermann steps in as the Chief Operating Officer of China, succeeding Olivier. Ostermann, with profound insights into Stellantis’ intricate operations and the nuanced challenges inherent in the Chinese market, is well-prepared for this enhanced responsibility. He will also secure a place on Leapmotor’s board, embodying the symbiotic relationship and shared vision of the two companies.
Securing the acquisition represents a meaningful strategic victory for Stellantis, allowing the company to adeptly maneuver, and possibly thrive, within the complex landscape of China’s flourishing EV market.
Carlos Tavares, CEO of Stellantis, expresses steadfast confidence in the organizational recalibration. Commending Olivier and Ostermann’s formidable strategy formulation over the past two years, Tavares anticipates a revitalized impetus driving their business forward. “Grégoire and Doug have been working hand-in-hand over the last two years to craft a new strategy and open new ways of growing our business and I trust both of them to give a new impetus in their respective roles,” Tavares noted.
With this rejuvenated leadership framework, Stellantis aims to cultivate a thriving realm of innovation and progression in the global automotive sector. The fortified alliance with Leapmotor signifies a pivotal phase, envisioning substantial growth, dynamic strategies, and resilient navigation through the industry’s multifaceted challenges.
GENERAL | Stellantis Eyes Game-Changing 20% Stake in China’s Leapmotor
