Today 09/23/2016 - 05:35:23 PM
Peugeot SA 13.525€
CAC 40 4,488.69 PTS
At its Board Meeting today, the PSA Peugeot Citroën Foundation – A World on the Move appointed Carlos Tavares Chairman, effective immediately, to replace Philippe Varin, whose term of office ended last 31 March.
Today, Carlos Tavares was appointed Chairman of the PSA Peugeot Citroën Foundation. At the same meeting, membership of the nine-member Board of Directors was partially renewed in compliance with the Foundation’s governance guidelines. Maxime Picat, Chief Executive Officer of the Peugeot Brand, was appointed to the Board, where he will help to strengthen the brand's involvement in the Foundation's activities. He replaces Christophe Bergerand, who previously held this position. Hugues Dufour was also appointed to the Board as a qualified independent director.
Launched in May 2011, the Foundation locally supports social, educational and cultural projects related to mobility, leveraging the input and involvement of Group employees.
Over the past three years, it has financed 244 projects.
As its core activity, the Foundation has chosen to focus on extensive initiatives to encourage socially responsible mobility:
"Over the past three years, the PSA Peugeot Citroën Foundation has worked to make mobility a universal right. By locally supporting socially responsible mobility projects wherever we operate, the Foundation and our employees are demonstrating, every day, the values of respect, responsibility and engagement that we cherish across the Group. It is a great honour for me to lead this A World on the Move Foundation and I am committed to ensuring that its initiatives are pursued to impel the world towards an increasingly socially responsible and sustainable mobility."