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France: PSA supervisory board backs CEO

In response to French media reports that PSA Peugeot Citroen's largest shareholder, the Peugeot family, was seeking to oust the company's Chief Executive Officer, Philippe Varin, and his management team, the company's supervisory board has issued a statement backing Varin and the group's current strategy. The statement noted: "Following rumours that Subscribe to Automotive World … Continued

In response to French media reports that PSA Peugeot Citroen's largest shareholder, the Peugeot family, was seeking to oust the company's Chief Executive Officer, Philippe Varin, and his management team, the company's supervisory board has issued a statement backing Varin and the group's current strategy.

The statement noted: "Following rumours that

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https://www.automotiveworld.com/articles/94469-france-psa-supervisory-board-backs-ceo/

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