Stellantis has appointed Natalie Knight, an executive at a Dutch food retailer, as chief financial officer, replacing Richard Palmer, who helped lead the merger of Fiat Chrysler Automobiles and PSA Group that created the French-Italian-American automotive group.

Palmer, a 20-year veteran of Fiat Chrysler, where he was CFO before the merger, will leave Stellantis on June 30, the company said on Wednesday.

Stellantis CEO Carlos Tavares praised Palmer’s tenure in a news release. “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,” Tavares said. “We wish Richard the very best for the future.”

Knight will be based in Stellantis’ Auburn Hills, Michigan, office, with “frequent travel” to other regions, the company said. Stellantis is registered in the Netherlands, and also has headquarters sites in France and Italy.

Knight holds degrees from the University of Arizona and Freie Universität in Berlin. She joined Ahold Delhaize in 2020 after working as CFO at Arla Foods in Denmark. Prior to that, she held senior finance positions at Adidas in Germany and the U.S., as well as at BASF and Bankgesellschaft Berlin.

Tavares said her experience across a number of industries would serve Stellantis well. “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,” he said.