CLERMONT-FERRAND, France—Michelin's board of directors is recommending Florent Menegaux, senior executive vice president and chief operating officer, to succeed Jean-Dominique Senard as CEO once Senard's term expires in 2019.
Senard recently notified his employer of the past 13 years that he does not intend to stand for re-election at the 2019 shareholders' meeting. He's been CEO since 2012.
He joined Michelin in March 2005 as CFO and a member of the firm's group executive council. He was appointed managing partner in 2007 and co-managing general partner in 2011 alongside Michel Rollier, whom he succeeded as CEO in May 2012.
Menegaux joined Michelin in 1997 as commercial director for truck tires in the United Kingdom and Ireland, and held additional sales positions in the truck tire sector for the next nine years, including sales director for truck tires in North America and head of truck tires for South America.
In 2006, he was made responsible for the firm's consumer tires business in Europe and then executive vice president of same activities worldwide two years later.
He was appointed chief operating officer in December 2014 and senior executive vice president last year. He was named to supervise the group's business directions, and manufacturing, supply chain and customer experience operational directions in January.
