Monday, September 11, 2006

Peugeot boss calls time

Chief executive of PSA Peugeot Citroen, Jean Martin Folz, is to retire in January. The French manufacturer confirmed it is now going through a selection process to find Folz’s replacement. The appointment of the future chairman of the managing board will be subject to the supervisory board’s approval prior to the end of the year. The future chairman is to take up his duties during the first quarter of 2007.

DATED: 11.09.06

FEED: MT






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