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Valeo Appoints Jean-Luc Terrasse as Head of Light Division Effective July 1, 2026

Christophe Périllat, CEO of Valeo, has appointed Jean-Luc Terrasse as the General Manager of the Valeo Light division and Deputy CEO of the group, starting July 1, 2026. He will join the executive committee of the group and report directly to the CEO.


Valeo Appoints Jean-Luc Terrasse as Head of Light Division Effective July 1, 2026

A 37-Year Journey Within the Group

Jean-Luc Terrasse, who joined Valeo in 1989, has amassed over three decades of experience in industrial operations across Europe and South America. Prior to this appointment, he served as the General Manager of Valeo Wiper Systems since January 2016. His expertise spans operational management, product development, and commercial leadership across various group divisions, including engine control systems, body electronics, and specialized lighting products. He also has external experience from roles at Alstom Grid, Johnson Controls Automotive, and Safran. Jean-Luc Terrasse holds a degree from École Centrale de Lyon (ENISE).

Maurizio Martinelli Steps Down After 26 Years

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Maurizio Martinelli, who has been the General Manager of the Valeo Light division for several years, will step down following this appointment. Christophe Périllat praised his 26 years of dedication to the group, particularly for his key role in building the division's technological leadership. He is retiring.

The Light Division at the Heart of the 2028 Strategy

The Valeo Light division is identified as a crucial pillar of the group's Elevate 2028 strategic plan. Christophe Périllat emphasized that this division plays a key role through its roadmap towards profitable growth and innovation in automotive safety and comfort.



Sector Industrie Composants Électriques


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Context

Period
  • Period: 2025/2026
Key reported figures
  • Revenue: 19171M€
  • Net income: 324M€
  • Free cash flow: 336M€
  • 404M€
Guidance from the release
  • La dynamique du marché est forte et nous avons réalisé de solides progrès.
  • Performance commerciale record, exécution difficile.

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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