Brief: Founder and CEO Sapet leaves French autonomous vehicles company Navya

Navya SA

18/12/2018 08:10

Dec 18 (Reuters) - Navya  NAVYA.PA :
    
    * Christophe Sapet removed as CEO
    * Headhunters appointed to find replacement for Sapet
    * Charles Beigbeder named onto supervisory board
    * On Dec 7, Navya said it would not meet its 2018 revenue
target (https://navya.tech/en/press/navya-updates-its-2018-revenue-target/)
    * Navya added on Dec. 7 that it was postponing several fleet
projects until 2019
    * Navya says Valeo and Keolis have indicated that they
remain committed to their deals with Navya

 ((sudip.kargupta@thomsonreuters.com;))