The Peugeot family was divided over the future of PSA and one part fought to find an alternative to the Dongfeng, State partnership. They were led unsuccesfully by Thierry Peugeot who has remained their representative on the Board. He is now stepping down and will be replaced by his sister, Marie-Hélène Roncoroni. The censeur of the Board, (a role that doesn't exist in Anglo-Saxon countries)is the link between the Board (which in this French context is a non executive board overlooking the company for the shareholders) and the operational executives and staff and he is being replaced. The position was occupied by Jean-Philippe Peugeot and now will be a non-family member.
The financial and structural solution now in place and supported by his cousin Robert Peugeot is building the momentum again, especially in China.