| PARIS, March 18
PARIS, March 18 PSA Peugeot Citroen is
set to name senior French civil servant Louis Gallois as its
next chairman, sources said on Tuesday as the carmaker's board
met to discuss the details of its 3 billion-euro ($4 billion)
tie-up with China's Dongfeng.
Gallois is likely to receive the board's nomination to take
over from Thierry Peugeot after winning the support of the
Peugeot family, two people close to the board said.
A Peugeot spokesman declined to comment.
Paris-based Peugeot last month announced a rescue deal in
which it will sell shares to Dongfeng Motor Group and
the French government, reducing the Peugeot family's stake to
match their equal holdings of about 14 percent.
Former Renault executive Carlos Tavares is taking over as
chief executive from Philippe Varin later this month, and
Peugeot also gets a new independent chairman under the terms of
Gallois, France's investment commissioner and a former head
of the SNCF state railway as well as defence group EADS
, prevailed over rival candidate and former Nexans
boss Gerard Hauser, the sources said.
The Peugeot clan initially supported Hauser, a former board
member at Peugeot-controlled Faurecia, but agreed to
back Gallois after meetings with senior government officials, Le
Figaro reported last week.
Gallois has served as a Peugeot board member since late
2012, when his appointment as a nominal independent was imposed
on the company by President Francois Hollande's Socialist
government in return for an earlier state-backed debt rescue.
(Writing by Laurence Frost; Editing by Greg Mahlich)