Valeo : A balancing act in sight for the new CEO
>A plan to be announced at the end of the month, no strategic inflection in sight - Christophe Périllat, former COO then Deputy CEO and a member of the group since 2000, took the reins at Valeo on 28 January as part of the planned succession of Jacques Aschenbroich who had led the auto supplier since 2009 and held the dual role of Chairman and CEO since 2016. Mr Aschenbroich will nonetheless remain Chairman of the board until the end of his mandate in May 2023.On...Valeo is an automotive supplier, partner to automakers worldwide. As an industrial and technology company, Co. focuses on designing, manufacturing and selling components, integrated systems and modules for automobiles and heavy goods vehicles, both on the original equipment and the aftermarket segments. In addition, Co. offers innovative products and systems that contribute to the reduction of CO2 emissions and to the development of intuitive driving to its customers. Co. operates through four business groups: Comfort and Driving Assistance Systems, Powertrain Systems, Thermal Systems, and Visibility Systems.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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