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Valeo Board of Directors Meeting
Paris (ots/PRNewswire) - Valeo's Board of Directors, which met today, has co-opted Helle Kristoffersen as an independent director, replacing Veronique Morali who resigned in light of her new functions. This co-optation will be submitted for ratification at the forthcoming Annual General Meeting of Shareholders.
Helle Kristoffersen is Vice-President Corporate Strategy with Alcatel-Lucent, a Group within which she has held a variety of management positions since 1994. She began her career at the Lazard investment bank, before joining the management of Bollore Technologies.
The Board also specified that it had received an indication of interest from an investment fund regarding the Company's share capital. It considers that it is in the Group's interest to explore this, in a preliminary and non-exclusive manner, while examining at the same time other strategic options.
Valeo is an independent industrial group dedicated to the design, production and sale of components, integrated systems and modules for cars and trucks. It is one of the world's leading automotive suppliers. The Group has 129 production sites, 68 R&D centers, 9 distribution platforms, and employs 69,800 people in 29 countries worldwide.
For all additional information, please contact:
Kate Philipps, Group Communications Director, Tel: +33-1-40-55-20-65
Remy Dumoulin, Investor Relations Director, Tel: +33-1-40-55-29-30
ots Originaltext: Valeo Management Services
Im Internet recherchierbar: http://www.presseportal.ch
For all additional information, please contact: Kate Philipps, Group
Communications Director, Tel: +33-1-40-55-20-65, Remy Dumoulin,
Investor Relations Director, Tel: +33-1-40-55-29-30