DECRYPTION – Robert Peugeot hands over the presidency of the listed family holding company to his son, Édouard.
A page is turning for Peugeot. On Wednesday, the board of directors of the listed family holding company Peugeot Invest approved the choice of the successor to its emblematic president Robert Peugeot, who had reached the age limit. The choice will be submitted to the next general meeting in the spring. This is Édouard Peugeot, the youngest (40 years old) of Robert's three children.
Logic ? Yes, but not automatic, assures Robert Peugeot: « This is the culmination of a two-year process carried out with the support of a large headhunter firm. », en l’occurrence Egon Zehnder. « The game had to be open, and it was. The choice of a family member to succeed me was possible provided that the necessary criteria were met. : talent, potential, and desire »he adds.
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