French businessman and entrepreneur Antoine Beaussant was named president of PSP – Peugeot. This news comes as the Peugeot family assumes majority ownership of the company.
Before joining PSP – Peugeot, Beaussant was president of Buffet Crampon, the French manufacturer of premium woodwind instruments. Before that, he worked in France's online community, launching multiple start-ups, including the art auction site Nart.
Peugeot manufactures more than 300 mills.