Earlier this summer the firm announced plans to search for a new CEO as it announces measures aimed at preparing the company for the ‘ambitious next phase of its development’.

Europcar previously announced that current CEO Roland Keppler will end his term of office as of 31st July 2014 by mutual agreement with the Board of Directors and shareholders of Europcar Group, with current chief financial officer Caroline Parot assuming the role of interim-CEO.

Since 2009, Philippe Germond has been the CEO 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 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.’