(Alliance News) - Stellantis NV announced Wednesday that it has appointed Natalie Knight, chief financial officer of Zaandam, Netherlands-based retailer Ahold Delhaize NV, as its new CFO, effective July 10.

Knight will replace outgoing CFO Richard Palmer, who plans to leave Stellantis at the end of June. Before joining Ahold Delhaize in 2020, Knight was CFO at Arla Foods in Denmark and held various senior financial positions for 17 years at adidas AG in Germany and the United States.

On Wednesday, Stellantis closed down 0.4 percent at EUR16.97 per share.

By Chiara Bruschi, Alliance News reporter

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