Michel Rollier, managing partner of the Michelin Group, has announced that Jean-Dominique Senard, one of the nominee group managing partners, will be his successor. At the extraordinary shareholders meeting to be held on May 13, 2011, shareholders will be invited to hold the ballot. At the same time, each shareholder will also make resolutions on relevant projects to further improve the Michelin Group's corporate governance principles.
Michelle Ho, Managing Partner He Liye (middle) and Michelin Managing Partner, Sunard (right one), Mirui Dong (left one)
Michel Helen, general manager of the Michelin Group, stated that he intends to leave before the end of his term of office. Michel Helen has been the head of the Michelin Group since May 2006. According to the company’s charter, his current term of office will end in 2017. After agreeing with the company's board of supervisors, Mr. He Liye will propose that the shareholders of the company be elected Jean-Dominique Sunnard (selected as one of the managing partners of the Michelin Group in May 2007) as his successor and serve as the general management of the group. partner.
According to the terms of the company's managing partner election, Mr. He Liye will still continue to serve as the group's general management partner until the completion of the work transfer, he will determine the time of departure.
“The Michelin Group has entered another stage of rapid development, so I also hope to take this opportunity to prepare for successors,†said Mr. He Liye. “Since the past six years, I have been working with Mr. Sunnard. Whether as individuals or as leaders I am very much appreciative of his behavior and personal character, and if all the shareholders agree and wait until the time is ripe, I will not hesitate to hand over the baton to him in consultation with the board of supervisors. The outstanding ability and vision of the Group's development are based on Michelin's core values."
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