With the full backing of all participants in Michelin’s governance system, Jean-Dominique Senard, Chief Executive Officer of the Michelin Group, has agreed to become Chairman of the Board of Directors of Renault effective January 24, 2019.
He will continue to serve as Chief Executive Officer of the Michelin Group until his term expires in May 2019, Michelin says in a Press release.
Florent Menegaux, Managing Partner, will succeed Jean-Dominique Senard as head of Michelin as planned following the Group’s Annual Shareholders Meeting to be held on May 17, 2019 in Clermont-Ferrand, France.
Florent Menegaux has already taken on an increasingly significant role in steering the Group, in seamless cooperation with Jean-Dominique Senard.