12:50 pm, February 3, 2025
Peugeot chief Linda Jackson is to retire from the car industry as part of a wider round of changes at parent firm Stellantis.
The Brit has had an illustrious 48-year career in the automotive business, most notably holding the role of Peugeot CEO for the past four years.
Before that, Coventry-born Jackson had a 15-year stint with sister firm Citroen UK where she progressed from finance director to MD, and earlier had roles at Jaguar, Land Rover and Rover Group.
She will be replaced by Alain Favey who joins Stellantis from rental company Europcar.
Jean-Philippe Imparato, Stellantis Enlarged Europe COO, said: ‘Linda is one of the emblematic figures within Stellantis. Her determination, leadership, taste for innovation and great professionalism have enabled a remarkable repositioning of the Peugeot brand in France and internationally, with in particular a distinctive range that has been completely renewed and is 100% electric.
‘I would like to thank Linda for her years of commitment to Stellantis and for the major role she has played in the success of our electrification strategy.’
Alain Favey said: ‘It is with great pride and enthusiasm that I take over the leadership of the Peugeot brand. Taking on new challenges has always been my driving force throughout my 35-year career in the automotive industry. Joining Stellantis is in a way a return to my roots, with particularly exciting opportunities ahead. We’re at a technological and societal turning point in our relationship with the automobile, and the Peugeot brand, through its creativity and innovation, is for me a major player in this evolution.’
A new boss for Peugeot is part of a wider restructuring programme for Stellantis as it seeks to ‘simplify’ its organisation.
The changes include Bob Broderdorf now heading up Jeep, Xavier Peugeot leading DS Automobiles, and Anne Abboud being appointed to lead Stellantis Pro One commercial vehicles unit.
Stellantis is also still on the hunt for a new CEO after Carlos Tavares resigned from the role in December 2024.
Stellantis chairman John Elkann said: ‘Building on the changes made in December, today’s announcements will further simplify our organisation and increase our local agility and rigor of execution.
‘We look forward to driving growth by providing our customers with an even larger choice of great combustion, hybrid and electric vehicles.’
