Stellantis shuffles China leadership, names executives to Leapmotors board

Stellantis has undergone a leadership reshuffle in China after taking a stake in the Chinese electric vehicle (EV) maker Leapmotor. Gregoire Olivier, the current COO, has been appointed head of a new liaison office to Leapmotor, and CFO Doug Ostermann has been promoted to COO. Olivier and Ostermann will also serve as board members at Leapmotor and report to Stellantis CEO Carlos Tavares. Olivier will oversee the creation of a joint venture between Stellantis and Leapmotor, coordinating the use of Stellantis’ distribution and sales operations. The leadership changes are part of Stellantis’ efforts to expand its presence in the Chinese EV market.