PARIS, June 25 (Reuters): French drugmaker Sanofi announced it had hired former chief financial officer of carmaker and Peugeot-manufacturer at PSA Jean-Baptiste Chasseloup de Chatillon.
Chasseloup de Chatillon had helped oversee a revival in PSA's fortunes.
Sanofi said Chasseloup de Chatillon would become its executive vice-president and chief financial officer.
His position will take effect at Sanofi on October 1 this year.
He will replace Jerome Contamine who will be retiring.
"Jean-Baptiste is an experienced CFO who has been part of the impressive turnaround of PSA Group," said Sanofi chief executive Olivier Brandicourt in a statement.
PSA had posted a series of record earnings results over the last two years, having rebounded from a 2012 brush with bankruptcy.
Sanofi hires former PSA finance chief de Chatillon
FE Team | Published: June 26, 2018 00:46:20
Sanofi hires former PSA finance chief de Chatillon
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