Jean-Dominique Senard

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Jean-Dominique Senard
Jean-Dominique Senard, in 2015.
Born (1953-03-07) 7 March 1953 (age 71)
Neuilly-sur-Seine, France
NationalityFrench
EducationHEC Paris
Occupations

Jean-Dominique Senard (born 7 March 1953) is a French industrialist in the automobile industry. On 11 May 2012, he succeeded Michel Rollier as chief executive officer of the Michelin tire company after joining the company as chief financial officer in 2005. Senard is the first Michelin CEO not related to the Michelin family.[1] On 24 January 2019, Renault's Board of Directors elected Senard as the chairman of the company.[2]

Early life

Senard is the son of a diplomat who grew up in numerous embassies around the world. His ancestor, Jules-Alexandre-Benjamin Senard (1848–1928) received the title of Hereditary Roman Count.[3] As a child, Jean-Dominique Senard joined the choir known as Les Petits Chanteurs de Sainte-Croix de Neuilly,[4] where he had a classical music training under the direction of Louis Prudhomme Senard. He attended the Hautes Etudes Commerciales (HEC) in Paris where he completed his education with an MA in law, before commencing his ascent through the ranks of France's leading corporates.[5]

Career

Senard started his career with various financial and operational management jobs at the oil company Total S.A. between 1979 and 1987. In 1987, he joined the management of the treasury of Saint-Gobain. In February 1988, he was appointed Deputy Director – then director in January 1991 – in cash and financing.[6] He then moved to construction materials group Saint-Gobain where he remained for nine years before joining aluminium conglomerate Pechiney in 1996 as CFO and a member of its executive committee. When the mining firm Alcan launched a takeover bid for Pechiney in 2003, Senard was appointed chairman and became a member of Alcan's executive committee.[5]

In March 2005, Senard joined Michelin as its CFO and executive council member. After the accidental drowning of his boss Édouard Michelin in 2006, he was appointed to managing partner of the group in May 2007. He then also served as head of financial affairs, legal services, plans and results.[5]

Michelin announced in November 2014 that Senard would continue as the managing general partner for the company following a meeting of the firm's board of directors on 6 October 2014. His term of office was renewed for four years and will expire in the first half of 2019, at the close of the annual shareholders’ meeting.[7]

It bases its governance policy on several axes: responsible development and social dialogue to support the process of industrial change that characterizes its mandate,[8][9] competitiveness of production and sales to meet the globalization of the economy,[10] and valorisation of apprenticeship to attract young people to jobs that seem less attractive.[11]

In 2017, under the leadership of Jean-Dominique Senard, Michelin announces a 43% increase in net income for 2016, to €1.7 billion.[12]

Jean-Dominique Senard in Japan before the 2019 G20 Osaka summit

On 24 January 2019, following Carlos Ghosn's resignation as President of Renault, Jean-Dominique Senard was named the new CEO of the Renault–Nissan–Mitsubishi Alliance.[13] A decision welcomed by Bruno Le Maire, the French Minister of Economy, who believes that he will make "an excellent president for Renault".[14]

Other activities

Corporate boards

Non-profit organizations

Political positions

Senard is a vocal proponent of French president Emmanuel Macron.[19]

References

  1. ^ "Jean-Dominique Senard (Michelin) : "Il faut refondre notre dialogue social"". Les Échos. 30 January 2019. Archived from the original on 18 May 2012. Retrieved 30 January 2019.
  2. ^ aftermarketNews Staff (25 January 2019). "Michelin's Jean-Dominique Senard Becomes Chairman Of Renault". aftermarketNews. Retrieved 25 June 2020.
  3. ^ Dominique de La Barre de Raillicourt, Les titres authentiques de la noblesse en France, Perrin 2004, p. 393.
  4. ^ "Qui Est Jean-Dominique Senard, Le Successeur De Carlos Ghosn ?". Forbes. Forbes.fr. 24 January 2019. Retrieved 30 January 2019.
  5. ^ a b c "Jean-Dominique Senard". EuropeanCEO.com. 18 July 2011. Retrieved 20 December 2013.
  6. ^ "Compagnie de Saint-Gobain Nouvel Organigramme". Les Échos. France. 30 January 1991. Retrieved 15 June 2015.
  7. ^ "Jean-Dominique Senard continues as Michelin managing general partner". TyrePress. 4 November 2014. Retrieved 28 November 2014.
  8. ^ Jean-Dominique Senard, President of the Michelin Group "the challenge of responsible development", 21 November 2014
  9. ^ Interview with Mr. Jean-Dominique SENARD (Michelin Group), 24 February 2014
  10. ^ Sénard focused his first mandate on profitability, 11 November 2014
  11. ^ With Jean-Dominique Senard, August 30, 2014
  12. ^ Jean-Dominique Senard : "There is no fatality to the deindustrialization of France", Le Monde, 14 February 2017
  13. ^ Jean-Dominique Senard prend la tête de l’Alliance Renault-Nissan-Mitsubishi, le Monde, 12 March 2019
  14. ^ Le Maire: Senard un «excellent président» de Renault, le Figaro, 24 January 2019
  15. ^ Board of Directors Renault.
  16. ^ Board of Directors Saint Gobain.
  17. ^ Members European Round Table of Industrialists.
  18. ^ Board of Directors Institut Montaigne.
  19. ^ David Keohane (9 February 2018), Michelin COO Menegaux to succeed Senard next year as CEO Financial Times.
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