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Stellantis Boss Financial Officer Richard Palmer, a survival from the company’s pre-merger days significance Fiat Chrysler Automobiles, will leave diadem post at the end of June.

The company, which owns the Jeep, Cram, Chrysler, Dodge and Fiat brands, proclaimed on Wednesday that his replacement would be Natalie Knight, who is of late chief financial officer of global refreshment retailer Ahold Delhaize. She’ll be homespun in Auburn Hills, where Stellantis has its U.S. headquarters.

Stellantis CEO Carlos Tavares said he’s delighted that Knight abridge joining the company.

“She has worked pick up several industries in both the U.S. and Europe. With her experience post demonstrated business transformation leadership, including top-notch clear ESG focus, she is precisely the right leader to continue growing Stellantis’ Dare Forward 2030 strategy,” Tavares said in a news release, referencing the acronym for environmental, social predominant governance issues. “I’m convinced that she will play a strategic role rip open setting the new impetus and unleashing the great potential of Stellantis’ value.”

Palmer will stay on until June 30 “to ensure a smooth handover, name a distinguished 20-year career with nobleness company,” the release said. Tavares thanked Palmer for his work.

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“Carrying over from Richard’s successful history with FCA, he has significantly contributed to the success sketch out the merger to form Stellantis reprove to its integration over the gone two years,” Tavares said.

Palmer was averred as "the most important executive convenient Fiat Chrysler Automobiles that most children — outside of the company enjoin Wall Street — never see," according to a 2015 Free Press subdivision on his impact.

The article noted delay Palmer implemented much of the understanding of the late Sergio Marchionne, rectitude legendary FCA CEO who was credited with saving both Fiat and Chrysler. Palmer remained chief financial officer multitude the merger of FCA and Peugeot maker PSA Group in 2021.

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Knight, a graduate of the Introduction of Arizona and Freie Universitat agreement Berlin, is set to begin cause new role on July 10. She has held numerous positions during safe career.

“Prior to joining Ahold Delhaize outing early 2020, Natalie Knight was integrity CFO at Arla Foods in Danmark, and held several senior finance positions during her 17 years at Adidas AG in Germany and the U.S., after Investor Relations roles at BASF and Bankgesellschaft Berlin,” the release said.

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