FRANKFURT -- Opel has appointed Frederic Brunet as its new chief financial officer. He succeeds Phillipe de Rovira, who has moved to head of finance at parent PSA Group, the automaker said in a statement.
De Rovira succeeded Jean-Baptiste de Chatillon at PSA.
Brunet will report to Opel/Vauxhall CEO Michael Lohscheller in his new role.
In other appointments, Opel has named Xavier Duchemin as its new sales and marketing boss. Duchemin succeeds Peter Kuespert, who is leaving the automaker after nearly five years in the role.
Brunet began his career in 2000 with PricewaterhouseCoopers as an auditor. He joined PSA in 2004. The executive has held a number of roles in controlling, investor relations and strategy at the group. Between 2012 and 2014, he was CFO of PSA's Latin American unit.
Duchemin, who joined PSA in 1991, has held several senior sales and marketing positions at the company. Other roles that he has held include CEO of Citroen in the UK and Austria, global chief marketing officer for Citroen and managing director of Peugeot France. Since 2017, the Frenchman has been managing director of PSA retail, and this year added the role of executive director of sales for Opel/Vauxhall in Europe.
PSA has sought to revive Opel/Vauxhall's fortunes after buying the unit from General Motors last August. Despite an SUV-heavy product offensive that includes the Crossland X, Mokka X, and Grandland X, Opel/Vauxhall's European sales through five months were down 6.7 percent to 397,810, according to data from industry association ACEA.