Valeo SE (FRP.XC)

9.46 +0.53 (+5.91%) At close: 03:56PM BST

Valeo SE

100, rue de Courcelles
Paris 75017
France
33 1 40 55 20 20
https://www.valeo.com

Sector(s): Consumer Cyclical
Industry: Auto Parts
Full-time employees: 109,600

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Christophe Perillat-Piratoine	CEO & Director	2M	N/A	1965
Mr. Edouard de Pirey	Chief Financial Officer	N/A	N/A	1977
Mr. Geoffrey Bouquot	Chief Technology Officer & VP of Strategy	N/A	N/A	N/A
Mr. Francois Marion	Senior Vice-President of Group Corporate Communication & Investor Relations	N/A	N/A	N/A
Ms. Catherine Delhaye	Chief Ethics & Compliance Officer and Data Protection Officer	N/A	N/A	N/A
Mr. Eric Antoine Fredette	Group General Counsel & General Secretary	N/A	N/A	1966
Dr. Detlef W. Juerss	Senior Vice President of Group Sales & Business Development	N/A	N/A	N/A
Ms. Agnes Park	Group Chief Human Resources Officer	N/A	N/A	1974
Mr. Eric Schuler	President of Valeo Service Activity	N/A	N/A	N/A
Mr. Maurizio Martinelli	CEO of Valeo Light Division & Valeo Group Executive VP	N/A	N/A	1960

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Valeo SE designs, produces, and sells products and systems for automakers in France, other European countries, Africa, North America, South America, and Asia. The company operates through four segments: Comfort & Driving Assistance Systems, Powertrain Systems, Thermal Systems, and Visibility Systems. It offers parking and driving assistance products, such as ultrasonic sensors, radars, and cameras to detect obstacles around vehicles; intuitive control products; and a range of connectivity solutions from short-range to long-range connectivity, as well as develops systems that enable the integration of applications, such as car sharing services and remote parking systems. The company also provides powertrain systems, including electric powertrain systems for electric cars; torque converters, dual dry and wet clutches, dual mass flywheels, and actuators that enable the automation of transmissions to reduce fuel consumption and enhance driving comfort; and clean engines for vehicles. In addition, it designs and manufactures systems, modules, and components to optimize thermal energy management of vehicles and passenger comfort in the cabin. Further, the company designs and produces lighting and wiper systems for drivers in various weather conditions. Additionally, it offers original equipment spares to auto manufacturers; and replacement parts and accessories to independent aftermarket for passenger cars and commercial vehicles, as well as products for heavy commercial vehicles. The company was incorporated in 1923 and is headquartered in Paris, France.

Corporate governance

Valeo SE’s ISS governance QualityScore as of 1 September 2024 is 2. The pillar scores are Audit: 4; Board: 3; Shareholder rights: 5; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.