Stellantis has appointed Natalie Knight, an government at a Dutch meals retailer, as chief monetary officer, changing Richard Palmer, who helped lead the merger of Fiat Chrysler Cars and PSA Group that created the French-Italian-American automotive group.
Palmer, a 20-year veteran of Fiat Chrysler, the place he was CFO earlier than the merger, will go away Stellantis on June 30, the corporate mentioned on Wednesday.
Stellantis CEO Carlos Tavares praised Palmer’s tenure in a information launch. “Carrying over from Richard’s profitable historical past with FCA, he has considerably contributed to the success of the merger to kind Stellantis and to its integration over the previous two years,” Tavares mentioned. “We want Richard the perfect for the longer term.”
Knight can be based mostly in Stellantis’ Auburn Hills, Michigan, workplace, with “frequent journey” to different areas, the corporate mentioned. Stellantis is registered within the Netherlands, and in addition has headquarters websites in France and Italy.
Knight holds levels from the College of Arizona and Freie Universität in Berlin. She joined Ahold Delhaize in 2020 after working as CFO at Arla Meals in Denmark. Previous to that, she held senior finance positions at Adidas in Germany and the U.S., in addition to at BASF and Bankgesellschaft Berlin.
Tavares mentioned her expertise throughout quite a few industries would serve Stellantis nicely. “Along with her expertise and demonstrated enterprise transformation management, together with a transparent ESG focus, she is precisely the correct chief to proceed accelerating Stellantis’ Dare Ahead 2030 technique,” he mentioned.