CLERMONT-FERRAND, France (May 17)—Francois Michelin, a managing partner of Groupe Michelin since 1955, has retired from that position but will continue to serve the company his grandfather and great-uncle founded in other, undisclosed functions. Francois Michelin's retirement at the mandatory retirement age 75 became official at the May 17 annual shareholders meeting in Clermont-Ferrand. Francois Michelin's 39-year-old son Edouard is now the company's top executive and one of two managing partners, along with Rene Zingraff.
Francois Michelin retires
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