The Peugeot SA Supervisory Board has chosen Christian Streiff to succeed Jean-Martin Folz as Chairman of the Managing Board. He joins PSA from Airbus.

Parallels may be drawn with Ford's recent recruit of Alan Mulally as CEO from Airbus archrival Boeing, but Streiff's time at Airbus was much shorter than Mulally's Boeing stint. Streiff has spent much of his career with building materials group Saint-Gobain.

Streiff will be formally appointed during the Supervisory Board meeting on February 6, 2007.

Christian Streiff will join PSA Peugeot Citroën on November 8 and spend the next few months meeting the teams and employees.

Born on September 21, 1954, Christian Streiff graduated from the Ecole Nationale Supérieure des Mines de Paris engineering school and spent most of his career with Saint-Gobain (1979-2005), where he acquired extensive industry and international experience in a variety of businesses in Europe (Germany and Italy), the United States, Brazil, China and other countries.

He was appointed Deputy Chief Executive Officer of Saint-Gobain in 2004 and President and Chief Executive Officer of Airbus in 2006.

He has also been a non-executive director of Thyssen-Krupp and Continental AG since 2005.

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CHRISTIAN STREIFF

Born September 21, 1954 in Sarrebourg, France.

Married with three children.

Engineering degree from the Ecole Nationale Supérieure des Mines de Paris.

1979-2005:  Saint-Gobain
During his 26 years with Saint-Gobain, an international building materials manufacturer, Christian Streiff successively held the following positions:

- 1979-1982: Production Manager, Halbergerhütte Foundry (Germany)

- 1982-1985: Vice President, Corporate Planning, Fiber Reinforcements Division

- 1985-1988: Plant Manager, Gevetex, fiberglass for electronics (Germany)

- 1988-1991: General Manager, Gevetex

- 1991-1994: General Manager, Vetri SpA, packaging (Italy)

- 1994-1996: General Manager, Saint-Gobain Emballage (Paris)

- 1996-2000: President and Chief Executive Officer, Pipe Division (Nancy)

- 2001-2003: President and Chief Executive Officer, High-Performance Materials Sector (Paris)

- 2004-2005: Deputy Chief Executive Officer, Saint-Gobain Group

2006:   President and Chief Executive Officer of Airbus.
Non-executive director of Thyssen-Krupp and Continental AG.

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