Compagnie Plastic Omnium changes its governance:

Laurent Burelle becomes Chairman, Laurent Favre joins the Group as Chief Executive Officer and Félicie Burelle is appointed Managing Director.

On a proposal from Laurent Burelle, with an aim to pursue long-term growth for the Group by seizing opportunities related to the transformation of the automotive market, the Board of Directors of Compagnie Plastic Omnium, at its meeting today, decided to appoint a new leadership team and change the company’s governance structure.

Starting January 1st, 2020, Laurent Burelle, Chairman and Chief Executive Officer since May 2001, will become Chairman of the Group. Laurent Favre will be Chief Executive Officer (CEO) and Director. On a proposal from Laurent Favre, Félicie Burelle will become Managing Director, alongside the CEO.

Laurent Burelle declares :

”I’d like to thank Jean-Michel Szczerba for his dedication and loyalty to three consecutive family Chairmen and CEOs of the group, for his tremendous contributions to make Plastic Omnium a globalized automotive supplier that is a leader in its three business segments, with profitable growth.

Thank you also to Paul Henry Lemarié, who is leaving his role as Chief Operating Officer of Compagnie Plastic Omnium after 39 years, during which he supported and participated in all the key operations that have made the group so successful. Paul Henry Lemarié will continue in his role as Director and Chief Operating Officer of Burelle SA.

The automotive industry has entered a new phase of development marked by upheavals that are unprecedented in their scale and speed. With our solid human, technological and financial foundations, we are moving forward into this future with the long-term vision and enthusiasm that have made our group so successful from the start.

I am confident in the new leadership team’s ability to keep transforming Compagnie Plastic Omnium with the renewed support of Burelle SA, Compagnie Plastic Omnium’s controlling holding company, of which I am Chairman and Chief Executive Officer.“

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