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Fortune

Ryan Hogg

Stellantis ousts CFO after just 18 months in U.S. overhaul

Stellantis Carlos Tavares United States Natalie Knight Bernstein

Stellantis CEO Carlos Tavares (C) answers journalists' questions after attending a visit of the production line of the new Peugeot e-3008 and e-5008 electric car at the Stellantis car factory in Sochaux, eastern France on October 3, 2024. (Credit: FREDERICK FLORIN–AFP/Getty Images)

Struggling Italian carmaker Stellantis has ousted its CFO and confirmed its 66-year-old CEO will retire in two years in a major overhaul as the group tries to turn around a disastrous performance in the U.S.

The group confirmed its chief financial officer Natalie Knight would leave the company after just 18 months in the job. She has been replaced by Doug Ostermann, previously Stellantis’s COO for China.

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