ALAIN FAVEY APPOINTED AS NEW PEUGEOT CEO

Alain Favey joins Stellantis as CEO of the PEUGEOT brand from the 3^rd of February 2025 reporting to Jean-Philippe Imparato, Enlarged Europe Chief Operating Officer, Stellantis.

A graduate of HEC Paris, Alain Favey spent the first 20 years of his career with Groupe PSA where he was Country Managing Director for Citroën in Denmark, Belux, UK, Italy and France. In 2009, he joined Volkswagen AG where he held several leading international positions with Porsche Holding, Skoda and Bentley Motors. Since June 2023, he has been CEO of Europcar Mobility Group.

Alain Favey, PEUGEOT CEO, said: “It is with great pride and enthusiasm that I take over the leadership of the PEUGEOT brand. Taking on new challenges has always been my driving force throughout my 35-year career in the automotive industry. Joining Stellantis is in a way a return to my roots, with particularly exciting opportunities ahead. We're at a technological and societal turning point in our relationship with the automobile, and the PEUGEOT brand, through its creativity and innovation, is for me a major player in this evolution.”

Alain Favey takes over from Linda Jackson, who has retired after 20 years with the Company.

Jean-Philippe Imparato, Stellantis Enlarged Europe COO, said: “Linda is one of the emblematic figures within Stellantis. Her determination, leadership, taste for innovation and great professionalism have enabled a remarkable repositioning of the PEUGEOT brand in France and internationally, with in particular a distinctive range that has been completely renewed and is 100% electric. I would like to thank Linda for her years of commitment to Stellantis and for the major role she has played in the success of our electrification strategy.”

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ABOUT PEUGEOT

PEUGEOT is an inventive high-end mainstream brand. The ‘Power of Allure’ is our brand promise, epitomised in all of our models and services. Allure (attractive design), Emotion (instinctive driving pleasure) and Excellence (uncompromising quality, efficiency and technology) represent our values. PEUGEOT is present in more than 130 countries worldwide and sold more than 1,050,000 vehicles in 2022.  By 2025, all of our models (PC and LCV) will be electric. The PEUGEOT E-LION Project is a 360° approach to deliver our Carbon Net Zero objective by 2038. The electrified PEUGEOT 9X8 Hypercar demonstrates our passion for motorsport, competing in the World Endurance Championship (WEC), including the iconic 24 Hours of Le Mans.