Philippe Germond appointed Chief Executive Officer of the Europcar Group

September 09, 2014 // // The Board of Directors of Europcar and Eurazeo, the majority shareholder of Europcar, announced today the appointment of Philippe Germond to the position of Chief Executive Officer and Member of the Board of Directors. Mr. Germond will assume his duties as of 1st October 2014. Patrick Sayer, Chairman of Eurazeo's Management Board, stated: We are extremely happy with Philippe Germond's arrival as the Europcar Group's CEO. In the course of his career, Philippe has amply proven his ability, particularly in listed companies, to support major transformation projects by anticipating change, and by making the companies he heads more digital and more customer-oriented. With Philippe on board, we can move confidently forward into the next stage of Europcar's development, knowing that the management team is going to continue the impressive job of accelerating Europcar's growth that it has accomplished these last few years." Philippe Germond stated: "In close collaboration with all employees, directors and shareholders, I am proud to be part of the new dynamic already initiated by Europcar's managerial team. I will commit fully to pursuing its drive toward transformation with the goal of making Europcar into a key mobility player attentive to the changing expectations and needs of its customers."

About Philippe Germond

Since 2009, Philippe Germond has been the Chief Executive Officer of PMU. He has previously occupied the positions of President of Atos Origin (2007-2008), member of the Management Board of Atos Worldline (2006 - 2008), President of Alcatel (2003 - 2005), Chief Executive Officer of SFR - Cegetel (1995 - 2002) and member of the Management Board of Hewlett - Packard, where he began his career. Philippe Germond is a graduate of Ecole Centrale Paris - ECP Paris (1979) and holds a Master's Degree in Science Management from Stanford University (1980).

About Europcar Group

Europcar is one of the leading mobility players in Europe. Present in over 130 countries, the group provides customers with one of the largest vehicle rental networks through its own operators, franchisees and partnerships. Europcar operates worldwide its own brands Europcar® and InterRent, which is its low cost brand. It also operates the National and Alamo brands in EMEA. The group puts customers at the heart of its mission whether it is innovation or service. All the employees of the group are committed to delivering customer satisfaction. Europcar is actively promoting Corporate and Environmental social responsibility. Europcar has been awarded again in 2013 for the 5th consecutive year, by the World Travel Awards. Europcar is owned by Eurazeo, one of the leading listed investment companies in Europe.

SOURCE Europcar Group

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Europcar, a leading car rental company, is one of the world's most popular providers of car rental services, operating a large fleet of quality vehicles across a network of over 2,600 locations including airport car rental locations.


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