CLERMONT-FERRAND, France—Michelin CEO and Managing Chairman Jean Dominique Senard has passed the reins of leadership to Florent Menegaux, ending a dozen years as Michelin's top executive.
Menegaux, a Group Michelin executive since 1997, assumed the roles May 17 at Michelin's annual general meeting, held at Michelin's Clermont-Ferrand headquarters.
Senard was hired in January as CEO of the Renault–Nissan–Mitsubishi Alliance following Carlos Ghosn's scandal-tinged resignation as president of Renault.
Menegaux, who joined Michelin as commercial director for truck tires in the United Kingdom and Ireland in 1997, was picked by Michelin's board of directors in February 2018 to succeed Senard, whose term as CEO was due to expire in 2019.
Senard joined Michelin in 2005 as chief financial officer and took over as managing partner of the group in May 2007, following the death of Edouard Michelin.
Thanking Senard for his role in the company, Michel Rollier, chairman of the supervisory board, praised "the importance and quality of his contribution" as to the group's development.
Menegaux has served in various positions within the French group, including head of Africa-Middle East Zone, and executive vice president for the group's global passenger car and light truck operations.
In December 2014, he was appointed chief operating officer and then senior executive vice president of the Michelin Group in 2017.