Ayvens has announced the appointment of Philippe de Rovira as chief executive officer, replacing Tim Albertsen from 1 December 2025.

Philippe de Rovira will succeed Tim Albertsen as CEO from December 2025

A graduate of the ESSEC Business School, De Rovira has a long history with Stellantis. He joined PSA Group in 1998, prior to the merger with Fiat Chrysler Automobiles, and held numerous business and finance positions until 2017. In 2025, he became chief operating officer for Asia and Middle East/Africa at Stellantis, in addition to being responsible for Financial Services and Free2move.

In his new role at Ayvens, he will succeed Tim Albertsen, who has informed the board of directors of his intention to retire from 1 December and will continue to serve as CEO and board member until this date.

The board thanked Tim Albertsen for his role as chief executive, his dedication to Ayvens and the PowerUp 2026 plan, which will be implemented unchanged until the end of 2026.

As shown in previous quarters, the integration of LeasePlan and ALD is progressing according to plan. Ayvens will issue its Q2 2025 financial results on 31 July 2025 as planned.

Pierre Palmieri, chairman of the board of directors, said: “On behalf of the Board of Directors, I am pleased with the appointment of Philippe de Rovira as CEO. Philippe brings with him the experience, commitment and strategic vision which will be key in driving growth and capturing new opportunities for Ayvens. I would also like to thank Tim for his leadership and vision, which have led to Ayvens being the global leader it is today.”