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Robert Peugeot | |
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Born | Robert Peugeot (1950-04-25)25 April 1950 (age 74) Belfort, France |
Nationality | French |
Alma mater | École centrale Paris INSEAD |
Occupations |
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Parent | Bertrand Peugeot |
Robert Peugeot, born on (1950-04-25)April 25, 1950 (age 74) inBelfort, France, is a French businessman. He is chairman ofPeugeot Invest, the listed investment company that is one of the two main shareholders inStellantis and majority-owned byÉtablissements Peugeot Frères (Peugeot family).
Part of a long family line, he is the son of Bertrand Peugeot, long-time director ofCycles Peugeot and one of the people behind the creation of thePSA Peugeot Citroën Group in 1976, and the great-grandson of Robert I Peugeot and grandson of Eugène II Peugeot.
After completing his primary and secondary education at the Lycée Cuvier inMontbéliard and then atJanson-de-Sailly in Paris, Robert Peugeot was accepted at theÉcole Centrale Paris and obtained hisDiplôme d'Ingénieur (the engineering degree in France) in 1971, which he completed atINSEAD in 1973.
Keen to gain real hands-on experience within the carmaker, he joined theSochaux vehicle manufacturing plant in 1974 as a worker and then team leader on the assembly lines.
He subsequently held a succession of operational positions within the automotive group:[1]
In February 2002, Robert Peugeot was appointed chairman and chief executive officer ofFFP, a listed investment company andPeugeot SA's largest shareholder (22.1%). At the time, FFP's core assets were PSA Peugeot Citroën shares.
At the helm of FFP, Robert Peugeot says he favours investing in companies in which his company can 'contribute its expertise in the management of family groups, with active collaboration from FFP representatives in the decision-making and development of companies in which FFP has taken a share of the capital'.[2]
In 2007, Robert Peugeot decided to leave the executive committee ofPSA Peugeot Citroën to join the supervisory board of PSA Peugeot Citroën and, given the growth achieved by FFP, to manage the company on a full-time basis.[3] Since 2002, the value of FFP's assets has risen sharply. At 31 December 2019, despite two years of financial crisis, net asset value stood at more than €3.5 billion.[4]
On 15 July 2015, the French magazineLe Point published an article reporting on the top-hat pension of over €450,000 received by Robert Peugeot from PSA.[5]
On 19 May 2020, Robert Peugeot was appointed chairman of FFP, leaving the position of chief executive officer ofFFP to Bertrand Finet. FFP becamePeugeot Invest in 2021.[6][7]