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November 26, 2013

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Ex-No. 2 at Renault new chief at Peugeot

PSA Peugeot Citroen summoned worker representatives and held an emergency board meeting to name former Renault No. 2 Carlos Tavares as Chief Executive Philippe Varin’s successor, sources with knowledge of the matter said.

Peugeot has scheduled a briefing for union officials later yesterday following a board meeting at which the appointment was presented yesterday, according to three people who asked not to be identified.

A Peugeot spokesman declined to comment.

The 55-year-old former Renault-Nissan executive will serve as Varin’s No. 2 for an interim period before taking charge of the troubled French carmaker next year, one of the sources said.

 




 

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