Peugeot Invest shares gain 4.2% ahead of change in CEO

Peugeot Invest SA

11/03/2024 09:04

** Peugeot Invest  PEUG.PA  shares rise 4.2% in early
trading, outperforming the STOXX index, after France's holding
company announced the replacement of its chief executive officer
    ** Bertrand Finet will step down from his position as CEO of
Peugeot Invest by July 31, 2024 at the latest, four years after
his appointment in this role
    ** This measure was taken in anticipation of Robert
Peugeot's resignation from the chairmanship of the Board of
Directors, in May 2025, and aims at establishing a new executive
duo at the head of the company
    

 (Reporting by Alban Kacher)
 ((Alban.kacher@thomsonreuters.com))