PARIS (Reuters) – French carmaker PSA (PA:) on Wednesday appointed two executives it recently recruited from the Renault-Nissan-Mitsubishi alliance to head up its DS and Citroen brands, and named them to its global executive committee.
PSA said Beatrice Foucher, currently deputy DS chief executive and an ex-Renault manager, would succeed Yves Bonnefont as DS CEO.
The company said in a statement that Vincent Cobee, currently deputy Citroen CEO and a former Nissan and Mitsubishi executive, would replace Linda Jackson as Citroen CEO.
PSA, which is in the midst of a merger with Italy’s Fiat Chrysler (MI:), said Bonnefont would lead a study on potential costs savings within the group.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.