French carmaker Peugeot removes CEO Streiff

Newswire

PARIS, March 29 (Reuters) - French carmaker PSA Peugeot Citroen announced on Sunday that its board had decided to replace CEO Christian Streiff with Philippe Varin, who will take up the position on June 1. "The board unanimously judged that the exceptional difficulties faced by the auto industry imposed a change of management. I am convinced that under Philippe Varin's leadership, the PSA Peugeot Citroen group will be able ... to reveal all its potential," Thierry Peugeot, chairman of the ...

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