Natalie Knight to Join Stellantis as Chief Financial Officer
Stellantis N.V. announces the appointment of Natalie Knight as the new Chief Financial Officer effective July 10, 2023, replacing Richard Palmer. Knight is currently the CFO at Ahold Delhaize and has a robust background in finance, including roles at Arla Foods and adidas AG.
CEO Carlos Tavares expressed confidence in Knight's ability to drive Stellantis' Dare Forward 2030 strategy, emphasizing her expertise in business transformation and ESG focus. Richard Palmer will leave the company on June 30, 2023, after a distinguished 20-year career, contributing significantly to Stellantis' merger and integration.
This leadership change marks a strategic move for Stellantis as it aims to enhance its financial performance and operational efficiency.
- Natalie Knight brings extensive financial expertise from leadership roles at Ahold Delhaize and Arla Foods.
- Knight's appointment aligns with Stellantis' focus on business transformation and ESG, potentially enhancing future performance.
- Richard Palmer's departure could disrupt continuity in financial strategies during the transition.
Insights
Analyzing...
Natalie Knight to Join Stellantis as Chief Financial Officer
AMSTERDAM, April 19, 2023 - Stellantis N.V. is pleased to announce that Natalie Knight will join the Company as Executive Vice President and Chief Financial Officer, replacing Richard Palmer, on July 10, 2023, at the latest. Natalie Knight currently serves as Chief Financial Offer at Ahold Delhaize, a leading global food retailer headquartered in the Netherlands.
Prior to joining Ahold Delhaize in early 2020, Natalie Knight was the CFO at Arla Foods in Denmark, 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. Natalie Knight graduated from the University of Arizona in the U.S. and Freie Universität in Berlin, Germany, followed by executive leadership programs at INSEAD in France and St. Gallen University in Switzerland.
“I’m delighted to have Natalie join Stellantis. She has worked across several industries in both the U.S. and Europe,” said Carlos Tavares, Stellantis CEO. “With her experience and demonstrated business transformation leadership, including a clear ESG focus, she is exactly the right leader to continue accelerating Stellantis’ Dare Forward 2030 strategy. I’m convinced that she will play a strategic role in setting the new impetus and unleashing the great potential of Stellantis’ value.”
Natalie Knight will be based in the Auburn Hills, Michigan office with extensive travel to Europe and the other regions.
Richard Palmer, Executive Vice President and Chief Financial Officer, plans to leave Stellantis on June 30, 2023, to ensure a smooth handover, after a distinguished 20-year career with the Company.
“On behalf of all Stellantis employees and our Board of Directors, I want to extend our gratitude to Richard,” said Carlos Tavares. “Carrying over from Richard’s successful history with FCA, he has significantly contributed to the success of the merger to form Stellantis and to its integration over the past two years. We wish Richard the very best for the future and in any new challenges that await him.”
# # #
About Stellantis
Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is one of the world's leading automakers and a mobility provider. Its storied and iconic brands embody the passion of their visionary founders and today’s customers in their innovative products and services, including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. Powered by our diversity, we lead the way the world moves – aspiring to become the greatest sustainable mobility tech company, not the biggest, while creating added value for all stakeholders as well as the communities in which it operates. For more information, visit www.stellantis.com.
| | @Stellantis | Stellantis | Stellantis | Stellantis | |||
| For more information, contact: Fernão SILVEIRA +31 6 43 25 43 41 – fernao.silveira@stellantis.com Nathalie ROUSSEL +33 6 87 77 41 82 – nathalie.roussel@stellantis.com communications@stellantis.com www.stellantis.com | |||||||
Attachment
FAQ
Who is the new Chief Financial Officer of Stellantis (STLA)?
When does Natalie Knight start as CFO of Stellantis (STLA)?
What experience does Natalie Knight have before joining Stellantis (STLA)?
Why did Richard Palmer leave Stellantis (STLA)?
What is Stellantis' strategic focus with the new CFO Natalie Knight (STLA)?
