PSA Peugeot Citroën Ex-Renault COO Tavares to Become New CEO
PSA Peugeot Citroën has hired former Renault SA executive Carlos Tavares to take over as chief executive next year. With this move it hopes to end its six-year slump in the European market. Tavares, 55, will replace Philippe Varin, the 61-year-old current chief executive officer. Tavares will join the management …