Changes in the PSA Group Executive Committee and Managing Board
28 Juli 2016 - 10:34AM
Business Wire
Regulatory News:
PSA Group (Paris:UG):
In order to successfully execute the Push to Pass strategic
plan, changes will be made to the PSA Group Executive
Committee and Managing Board as from 1 September 2016.
This new organisation structure, which will retain the current
Brands/Regions/Professions framework, is primarily to guarantee the
roll-out of the Group's mobility services, boost its performance in
China and ensure that the upcoming global launch of 121 products is
perfectly orchestrated in every region.
Accordingly, Grégoire Olivier has been appointed to lead a new
Mobility Services Department on the strength of his business
development skills, and will be replaced as head of the China &
Southeast Asia region by Denis Martin, who has demonstrated his
ability to deliver high-level performance for the Europe region.
Maxime Picat, who has honed his expertise at the head of the
Peugeot brand, will take the reins of the Europe region, where he
will lead the product and technology offensive set out in the Push
to Pass plan. Jean-Philippe Imparato, currently spearheading PSA
Retail's remarkable development, will take Maxime Picat's place at
the head of the Peugeot brand in order to write another chapter in
its success story.
The other members of the Executive Committee will generally
remain focused on their current roles, while also sharing
responsibility for the cross-functional aspects of the Push to Pass
strategic plan.
At the request of the Chairman of the Managing Board, the
Supervisory Board has approved the inclusion of Maxime Picat in the
PSA Group Managing Board, to replace Grégoire Olivier.
Jean-Baptiste de Chatillon and Jean-Christophe Quémard will
continue to serve on the Managing Board.
Commenting, Carlos Tavares said: "With these changes, we are
creating the best possible conditions for executing the Push to
Pass strategy for profitable growth, while at the same time
continuing to enhance our business efficiency on a daily basis. Now
more than ever, the PSA Group Executive Committee is collectively
committed to satisfying our customers."
About PSA GroupWith its three world-renowned brands,
Peugeot, Citroën and DS, the PSA Group sold 3 million vehicles
worldwide in 2015. Second largest carmaker in Europe, the PSA Group
recorded sales and revenue of €54 billion in 2015. The Group
confirms its position of European leader in terms of CO2 emissions,
with an average of 104.4 grams of CO2/km in 2015. With a fleet
of 1.8 million connected vehicles on the road worldwide, the
Group is on the cutting edge of innovation in this field, and is
expanding its services as a mobility provider. It is also involved
in financing activities (Banque PSA Finance) and automotive
equipment (Faurecia). For more information, please visit
groupe-psa.com/en
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