PSA/Peugeot-Citroen has appointed legal and government affairs expert Pierre Todorov as its new corporate secretary. He will be responsible for legal affairs, institutional relations, property, internal audits, and risk management for PSA. The 52-year-old Frenchman will succeed Jean-Claude Hanus, who is retiring after 39 years with the automaker, and report to PSA CEO Philippe Varin.
Todorov joined PSA March 1 but will not officially start as corporate secretary until Sept. 1. The executive will spend the next six months familiarizing himself with PSA's operations, the company said in a release.
After graduating from France's elite Ecole Normale Superieure and Ecole Nationale d'Administration with a teaching degree in philosophy, Todorov began his career in the public sector as a member of France's Conseil d'Etat (Supreme Court for public and administrative law) in 1986. Todorov has since held high positions with major French and multinational companies outside of the automotive industry.
In 1990, Todorov joined French media group Lagardere, where he held several executive-level posts. He served as general secretary of the French hotel operator Accor group from 1997 until 2008, at which time he became a partner with the multi-national law firm Hogan Lovells.