PSA Chairman Appoints New Executive Team

Philippe Varin, Chairman of the PSA Peugeot Citroën Managing Board, today announced some major managerial changes as the company decided to name a new team of senior executives responsible for the future of the company. The Executive Committee will now include five members of the Managing Board plus three Executive Vice Presidents, each of them reporting to the Chairman of the Managing Board, Philippe Varin.

Three three are Jean-Claude Hanus (Corporate Secretary), Denis Martin (Human Resources) and Jean-Christophe Quémard (Purchasing), the company announced today in a release.

"This leaner, eight-member Executive Committee is in charge of defining strategy, setting performance objectives and supervising their progress, in line with Philippe Varin’s vision for the Group : to make PSA Peugeot Citroën a global enterprise, pioneering the products and services of tomorrow and serving as a benchmark in its business processes," it added.

Additionally, there are four Senior Vice Presidents that will report to the Chairman as well: Liliane Lacourt (Corporate Communication), Vincent Rambaud (Latin America), Claude Vajsman (China) and Bernd Schantz (Executive Development).

Beside all these moves, Jean-Marc Gales, member of the Managing Board and Executive Vice President, Brands, will initially work as Executive Vice President, Peugeot Brand, while Frédéric Banzet will lead the Citroen brand. Isabel Marey-Semper will be Adviser to the Chairman of the Managing Board.

As you can see in the aforementioned quote, PSA Peugeot Citroen is aiming to expand its production offering to a global level and increase the business as much as possible. Although the company didn't say a thing about it, a rumored Fiat agreement might be the easiest way to do such a thing. We'll just have to wait and see...
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About the author: Bogdan Popa
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Bogdan keeps an eye on how technology is taking over the car world. His long-term goals are buying an 18-wheeler because he needs more space for his kid’s toys, and convincing Google and Apple that Android Auto and CarPlay deserve at least as much attention as their phones.
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