PARIS – The successor to Jean-Martin Folz as CEO of PSA Peugeot-Citroen SA won't have an easy job. Folz, whose retirement early next year was announced today by Peugeot SA Supervisory Board Chairman Thierry Peugeot, leaves a well-run company whose global market share and profits are in decline. Peugeot SA is the holding company for PSA Peugeot-Citroen, and the Peugeot family has 30.2% of the shares. Folz's retirement comes as something of a surprise. He will turn 60 on Jan. 11, the ...

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