06:35 AM EDT, 09/29/2025 (MT Newswires) -- Stellantis ( STLA ) said Monday it promoted Joao Laranjo to the automaker's top finance role, succeeding Doug Ostermann, effective immediately.

Laranjo returned to the Chrysler, Fiat and Jeep manufacturer earlier this year as chief financial officer of the company's North America operations. Last year, he served as vice president of finance at Goodyear Tire & Rubber (GT).

"I am pleased to welcome (Laranjo) to the Stellantis ( STLA ) leadership team as we continue to position our company for future growth and long-term success." Chief Executive Antonio Filosa said in a statement.

Ostermann, who was appointed as Stellantis' ( STLA ) CFO in October 2024 as part of a senior management shuffle, will leave the company due to personal reasons.

Stellantis' ( STLA ) New York Stock Exchange-listed shares ticked up 1% in the most recent premarket activity.

In May, the automaker appointed Filosa as its new CEO, effective June 23. Filosa, who previously served as the company's chief operating officer of the Americas, took over from Carlos Tavares, who resigned in December.

Additionally, Stellantis ( STLA ) said its full-year 2025 outlook issued in July remains unchanged. At the time, the company said it expects revenue in the second half to increase sequentially from the first half, and estimates tariffs to have a net impact of about 1.5 billion euros ($1.76 billion) in the year, out of which 300 million euros were incurred in the first half.