ALD Announces General Management Committee Change

Deputy Chief Executive Officer at ALD Gilles Bellemère, will step down from his position, effective December 21, to focus on his role as CEO of ALD Automotive France, the ALD Group’s largest subsidiary.

The leadership change precedes ALD’s €4.5 billion acquisition of LeasePlan early next year. The takeover recently received approval from the European Commission.

In addition to direct supervision of ALD Automotive in Morocco and Algeria, Bellemère will remain a member of ALD’s Executive Committee.

This decision to adapt the organization of the Group’s General Management team was approved by ALD’s Board of Directors.

When the acquisition of LeasePlan takes place, expected in Q1 2023, a new distribution of responsibilities and governance of the consolidated entity will be announced.

Tim Albertsen, Chief Executive Officer, comments:

“The acquisition of LeasePlan represents a significant step-change and our priority post-closing will be the efficient execution of our integration plan to create the leading global player in sustainable mobility. As ALD Automotive France represents the Group’s largest subsidiary, the adaptation of our current governance will allow Gilles Bellemère to fully concentrate on integration preparations with LeasePlan in France to successfully deliver the strategic development growth and synergies we target in the coming months.”

Serving as deputy CEO of ALD since 2017, Bellemère was appointed CEO of ALD Automotive France in 2019. He has held other leadership positions at the company, including Deputy General Manager Operations Director at ALD Automotive France. From 2014 and 2017, he was regional director in Societe Generale’s Retail Banking Division.

Bellemère holds a master’s degree in management from Paris Dauphine University and a Postgraduate degree in Foreign Trade from Paris Panthéon Sorbonne.