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Caroline Parot is appointed Chief Executive Officer of Europcar Group to accelerate its strategic deployment

Europcar Group’s Supervisory Board today announced the appointment of Caroline Parot as Chief Executive Officer effective immediately. She succeeds Philippe Germond, with a mandate to accelerate the implementation of the Group’s strategy of becoming a leader in global mobility solutions.

Caroline Parot, who joined Europcar in 2011, has been a member of the Management Board since it was established in March 2015 and was most recently named Deputy CEO. Since joining the company, Caroline has played a critical role in the transformation of Europcar, started in 2012, and in delivering the strong financial performance, thereby demonstrating the robust resilience of the Group’s business model.    

Jean-Paul Bailly, Chairman of Europcar’s Supervisory Board, said: “Philippe Germond has played a leading role in Europcar’s successful IPO in June 2015 and the return to a strong profitability achievement of the Group. The Supervisory Board is very grateful to him for his role in this strategic move. We would like to thank him and we wish him all the best for the future, both professionally and personally. Today Europcar has entered a new phase of accelerating its strategic deployment and we are confident that Caroline Parot will lead the Europcar Group to success.”

Caroline Parot said: “I am proud to embrace this new role and determined, together with my colleagues from the Management Board, the leadership teams, all employees and our international network, to accelerate the next phase of our profound transformation. My aim is to fuel our leadership with higher efficiency, stronger investments and broader diversification for the joint benefit of our customers, employees and shareholders. As the European leader, Europcar anticipates market trends, answers our customers’ needs and delivers ongoing innovation in the all-important sector of mobility.”

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