Carlos Tavares has been appointed chairman of the Peugeot SA managing board, effective 31 March 2014, as announced on 19 February.

The board also includes Jean-Baptiste de Chatillon, Grégoire Olivier and Jean-Christophe Quémard.

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The supervisory board commended the work of outgoing head Philippe Varin who, it said “in particularly difficult circumstances, helped to lay the foundations for PSA Peugeot Citroën’s recovery”.

From today, 1 April 2014, Philippe Varin will serve as group temporary advisor to support implementation of the agreements signed with the French state and Dongfeng Motor Group.

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