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Industry: Email Alert RSS FeedSo who is in line to succeed Jean-Martin Folz at PSA?(Opinion)
Automotive News Europe, November, 2003 by Saint-Seine, Sylviane de
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Byline: Sylviane de Saint-Seine
With Louis Schweitzer's succession at Renault seemingly settled, lateral thinkers are shifting their attention to PSA/Peugeot-Citroen. Who will succeed CEO Jean-Martin Folz?
Folz, who turns 57 in January, says he finds the question premature. PSA rules set 65 as retirement age for management committee members. These include: Folz; Citroen CEO Claude Satinet, 59; and Peugeot CEO Frederic Saint-Geours, 53.
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One can see Folz's point. Why raise the issue of his departure? During his six-year tenure, PSA has been a European auto industry's success ...
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