Chinese Copper Foil Maker Londian Files U.S. IPO as EV Battery Demand Grows 
Asian Currencies Stay Under Pressure as Dollar Holds Near 13-Month High Ahead of U.S. Jobs Report 
Anthropic Tightens AI Access Controls After Reports of China-Based Workarounds 
Super Micro Employees Detained in Taiwan AI Server Export Investigation 
Asian Stocks Slide as Chip Shares Tumble Ahead of Key U.S. Jobs Report 
Brazil to Phase Out Gasoline Subsidy First as Diesel Support Stays Longer 
Japan Signals Surprise Yen Intervention Strategy as BOJ Hawkish Stance Puts FX Traders on Alert 
Norway Offshore Oil Workers Reach Wage Deal, Averting Strike 
Meta Stock Jumps as AI Cloud Expansion Challenges AWS, Microsoft, and Google 
U.S. Dollar Drops as Weak Jobs Data Boosts Fed Pause Bets, Yen Jumps on Intervention Talk 
Asian Currencies Rise as Dollar Weakens; Yen Holds Steady Amid Japan Intervention Watch 
China Services PMI Beats Forecasts as Strong Demand Supports June Growth 
US Jobs Report Preview: June Payroll Growth Seen Slowing as Fed Rate Decision Looms 
Denmark Central Bank Intervenes to Support Krone Peg Against Euro 
Tesla Q2 Deliveries Lift Chinese Auto Suppliers as EV Demand Improves 
Stellantis N.V. announced on Wednesday, Sept. 7, that it has assigned Chris Taylor to be its chief digital information officer, a job role that was recently created by the company. The position was added with the aim of helping with the transformation of the automotive firm into a mobility tech business.
According to Reuters, the newly-appointed CDIO will be reporting directly to Xavier Chéreau, Stellantis’ chief human resources and transformation officer. He is also expected to report to the company’s chief technology officer, Ned Curic.
Taylor’s appointment already took effect on Sept. 5 but the announcement was done later. Moreover, the new job position was created by Stellantis as it noticed the increasing importance of digital applications and data for the growth of new areas in the automaker’s business.
It is planning to expand and branch out to attain its target annual income of €20 billion or around $19.8 billion in the year 2030. Moreover, Stellantis is expecting to reach this amount not only from sales of vehicles but from subscriptions and software-related products as well. The company believes that with Taylor's appointment as CDIO, the company will be able to support its "sophisticated" business requirements.
Taylor is a veteran in the business with almost 30 years of work experience in the IT biz across several global industries. Most recently, he worked for Airbus aircraft manufacturer and ServiceNow software company. He only officially joined Stellantis earlier this week.
“Chris brings deep knowledge of cutting-edge digital technology to support our sophisticated business needs, both at Stellantis and for our customers,” Stellantis’ chief executive officer, Carlos Tavares, said in a press release. “His background in cyber security, new business models and customer-centric solutions will drive the business value we require to meet our aggressive Dare Forward 2030 targets.”
Meanwhile, the new chief digital information officer holds a Ph.D. in aeronautical engineering from the University of Glasgow in Scotland. He will help Stellantis with its transformation into a sustainable mobility technology firm and will be responsible for making the automaker’s IT project execution better.
