PARIS – PSA Peugeot Citroen names Gilles Le Borgne, who designed its new lightweight platform, the auto maker’s new executive vice president-research and development. Le Borgne replaces Guillaume Faury, who leaves the auto maker to become CEO of Eurocopter, the European helicopter manufacturer. The PSA supervisory board, which controls strategic decisions and the hiring of top guns, wished Faury well and continued with a string of decisions calculated to cut costs. One of ...

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