PARIS--(BUSINESS WIRE)--Regulatory News:
PSA (Paris:UG) :
At today's meeting, the Supervisory Board, based on the advice of the Appointments, Compensation and Governance Committee, accepted the resignation of Bruno Bézard and decided, on the recommendation of the French State, to appoint Jack Azoulay as member and Vice-Chairman of the Supervisory Board.
The appointment of Jack Azoulay will be submitted to shareholder ratification at the next Shareholders' Meeting.
Jack Azoulay currently serves as Head of Industrial Shareholdings at the French State's shareholdings agency Agence des Participations de l'Etat (APE).
About PSA Group
With sales and revenue of €54 billion in 2015, the PSA Group designs unique automotive experiences and delivers mobility solutions that provide freedom and enjoyment to customers around the world. The Group leverages the models from its three brands, Peugeot, Citroën and DS, as well as a wide array of mobility services, to meet the evolving needs and expectations of automobile users. PSA is the European leader in terms of CO2 emissions, with average emissions of 104.4 grams of CO2 per kilometre in 2015, and an early innovator in the field of autonomous and connected cars, with 1.8 million such vehicles worldwide. It is also involved in financing activities through Banque PSA Finance and in automotive equipment via Faurecia. Find out more at groupe-psa.com/en.
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