PARIS — Valeo has announced a change in its organizational structure in order to enhance profitability and improve the group’s efficiency given the growing globalization of its markets and customers. The new simplified structure is designed to improve efficiency and accelerate the growth of the group’s product families in all of its markets.
Four new business groups have been created integrating existing product families and domains.
Comfort and Detection Systems regroups the product families of Interior Controls and Security Systems as well as the Driving Assistance Domain organization. Christophe Périllat has been appointed vice president of this business group, in addition to his responsibility as VP of the Interior Controls product family.
Powertrain Systems regroups the Engine and Electrical Systems and Transmissions product families as well as the Powertrain Efficiency Domain organization. Michael Schwenzer has been appointed vice president for this business group, in addition to his responsibility as VP of the Transmissions product family.
Thermal Systems regroups the Climate Control, Compressors and Engine Cooling product families as well as the Comfort Enhancement Domain organization. Alain Marmugi is appointed vice president for this business group, in addition to his responsibility as VP of the Climate Control product family.
Visibility Systems regroups the Lighting Systems and Wiper Systems product families. Antoine Doutriaux is appointed vice president for this business group, in addition to his responsibility as VP for the Wiper Systems product family.
“Valeo’s organization in 11 branches is no longer adapted to the globalization of our customers and our markets,” said Jacques Aschenbroich, CEO of Valeo. “I am convinced that this new organization will enable the group to better respond to the challenges of the automotive industry by identifying strong synergies and by managing more efficiently and in closer proximity to our customers in markets with high growth potential.”
The role of the business group vice presidents is to focus on product family profitability, to identify new business development opportunities and synergies within their organizations. All business group VPs report to Luc Blériot, chief operating officer.
