PARIS -- PSA/Peugeot-Citroen has a new head of the Peugeot brand and a new finance chief following a major management shake-up Thursday.
New CEO Philippe Varin, who replaced fired CEO Christian Streiff in early June, appointed Citroen boss Jean-Marc Gales to oversee Peugeot and Citroen as the head of PSA's overall brand strategy.
Longtime PSA executive Frederic Saint-Geours will head PSA's finances.
Gales, a former Mercedes-Benz and Opel executive who joined the French group as head of Citroen in April, will replace Jean-Philippe Collin as head of the larger Peugeot brand.
Without being more specific, PSA said Collin would leave the management board. Collin had replaced Saint-Geours as head of Peugeot on January 1, 2008. Previously, Collin was PSA's head of purchasing.
Gales also will oversee Frederic Banzet, who becomes head of the Citroen brand.
In addition, Gales will take charge of the centralized marketing and replacement parts departments, as well as PSA's company-owned dealer networks.