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Michelin Appoints Bénédicte de Bonnechose as Chief Financial Officer

Tire manufacturer Michelin announced on Tuesday the appointment of Bénédicte de Bonnechose as the group's Chief Financial Officer effective June 1, 2026. She will succeed Yves Chapot in this role.


Michelin Appoints Bénédicte de Bonnechose as Chief Financial Officer

Current Roles and Responsibilities

According to the press release dated January 21, Bénédicte de Bonnechose currently holds operational roles within the group. A member of Michelin's executive committee since January 1, 2021, she oversees the Long Distance Transport and Urban Transport business lines, as well as the Europe region. She joined the group in April 2019 as deputy financial director, a position she held before moving to broader responsibilities.

Career Background

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Per the group, Bénédicte de Bonnechose began her professional career at the audit firm Deloitte, where she spent four years working in the industry and distribution sectors. She then embarked on a career spanning more than 25 years at Lafarge Group, initially in financial roles. From 2007, the press release notes, she moved into business management and operational responsibilities in the cement, aggregates, and concrete activities. Between 2015 and 2018, she served as the president of LafargeHolcim France and Belgium.

Upcoming Transition

Bénédicte de Bonnechose's tenure as Chief Financial Officer will commence on June 1, 2026, as announced by the Compagnie Générale des Établissements Michelin from its headquarters in Clermont-Ferrand. She will take over from Yves Chapot, who is currently the group's financial director. The press release does not specify the future roles of the latter nor the details of the transition between the two executives.



Sector Industrie · Automobile Pneumatiques


Assurance vie

Context

Period
  • Period: 2025
Key reported figures
  • Revenue: 25 992 millions d'euros
  • Revenue growth: -4,4 %
  • EBITDA: 4 663 millions d'euros
  • EBITDA margin: 17,9 %
  • Net income: 1 664 millions d'euros
  • Free cash flow: 2 181 millions d'euros
  • Dividend per share: 1,38 €
  • Payout ratio: 49,0 %
Outlook / guidance
  • Management commentary: Guidance 2026: Le chiffre d'affaires 2026 n'est pas publié; Free Cash Flow before M&A attendu supérieur à 1,6 milliard d'euros.

The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.

Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.

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