By Shawn Henry 
In a surprise shake-up, Stellantis announced this morning that Chief Financial Officer Doug Ostermann has stepped down effective immediately, citing personal reasons. The automaker moved quickly to fill the position, naming longtime finance executive Joao Laranjo as the new CFO and a member of the Stellantis Leadership Team.
Ostermann’s exit caught many off guard. Widely seen as a key player in CEO Antonio Filosa’s strategy to steer Stellantis through an evolving global market, Ostermann was credited with helping the company weather the storm of electrification costs, rising interest rates, and shifting consumer demand. His sudden departure leaves questions about stability at the top of Stellantis’ financial operations and whether any deeper changes might follow.
“Doug played a crucial role in our journey, and his contributions will not be forgotten,” Filosa said in the official announcement, adding his personal thanks for Ostermann’s service to both FCA and Stellantis.
The focus now turns to Laranjo, who brings over 20 years of experience in corporate finance, including key positions at Fiat Chrysler Automobiles and Stellantis North America. He began his career at General Electric in 2001 before joining FCA in 2009, where he worked across multiple regions and disciplines — from accounting to treasury. Most recently, he served as CFO for Goodyear’s Americas division before returning to Stellantis earlier this year.
Filosa praised Laranjo’s leadership and familiarity with Stellantis’ global operations, noting that he’s “impressed by his excellent financial acumen, results-driven mindset, and deep understanding of our industry’s complexities.”
While Stellantis confirmed that its 2025 financial guidance remains unchanged and that third-quarter results will still be released October 30, industry observers remain cautious. Ostermann’s abrupt resignation could signal an internal realignment as the company continues its restructuring efforts. For now, investors and analysts will be watching closely to see how Laranjo navigates his new role — and whether Stellantis can maintain momentum amid a rapidly changing automotive landscape.
Via Stellantis
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