Valeo Appoints New Chief Financial Officer

Valeo Appoints New Chief Financial Officer

Edouard de Pirey has become CFO upon the retirement of Robert Charvier, who will retire Mar. 29, after 24 years with the company.

Valeo, an automotive supplier, has announced a change in its leadership with the appointment of Edouard de Pirey as chief financial officer, effective Jan. 2. De Pirey succeeds Robert Charvier, who will retire on Mar. 29, after 24 years with the company. Charvier will continue in an advisory role until his departure to facilitate a smooth transition.

“I am pleased to appoint Edouard de Pirey to lead the finance department. Throughout his rich and diverse career of nearly 15 years within Valeo Group, and during which he filled various positions, he has demonstrated tremendous professional and human qualities,” said Christophe Périllat, CEO of Valeo. “He has my full trust as well as the trust of the Board of Directors. I wish Edouard every success in his new role.”

Périllat also thanked Charvier for his dedication and contribution to Valeo’s transformation.

De Pirey, 47, began his career in 2003 as the director of industry, mines, and energy for New Caledonia. He later served in the French Ministry of Economy, Finance, and Industry, and the Ministry of Higher Education and Research. Joining Valeo in 2009, de Pirey held several significant roles, including group vice president of corporate planning and strategy, president of Valeo China and product group vice president of powertrain electrification systems. Before his CFO appointment, he was the CEO of Valeo LiDAR. De Pirey is a graduate of the Ecole Normale supérieure (Ulm) in Mathematics and the Ecole Nationale supérieure des Mines de Paris. He also attended Harvard Business School.

In his new role, de Pirey will report directly to Périllat and will be a member of the Executive Committee.

Charvier, who joined Valeo in 1999, has held various significant roles, including head of operations, financial control, and group financial controller, before becoming CFO in January 2010.

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