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FRAIKIN appoints Yves Pétin as new CEO

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FRAIKIN Group, a leader in the long-term rental of commercial and industrial vehicles in Europe, announces the appointment of Yves Pétin as Chief Executive Officer (CEO).

Yves joins with a wealth of experience and expertise in business-to-business service industry, having held a number of leadership positions, including as CEO of Intersafe a Lyreco company, and Rexel & Hagemeyer Nederland for over 15 years. For this role Yves will relocate to Paris. Philippe Mellier, the existing CEO, will retire when Yves joins the group.

“The fleet management industry is undergoing a fundamental secular shift, with increased customer and regulatory pressures on efficient and ecologically friendly car usage, fuelling increasing demand for more flexible alternatives. Yves is an exceptional leader, with a demonstrable track record in transformational growth, and the best person to help capture this opportunity.” said Baudouin Prot, Chairman. “I would like to thank Philippe for his dedication and commitment to transform the company into the successful business it is today”.

Yves Pétin, incoming CEO, said: I am delighted to be joining FRAIKIN at such an exciting time for the company, and wider industry. The need for environmentally conscious and digitally enabled mobility solutions provides very exciting opportunity for FRAIKIN to explore new business opportunities while retaining a relentless focus on delivering for our customers”.

Philippe Mellier, outgoing CEO, said: “It has been a pleasure to serve as CEO of FRAIKIN for the last 3 years. I leave the business with an excellent leadership team in place and I would like to thank my colleagues for all their hard work and support, especially during the Covid-19 outbreak.”

About FRAIKIN

FRAIKIN is a leader in Europe with more than 75 years’ experience, €960m turnover in 2021, more than 65,000 vehicles in circulation in 10 countries and 3,400 employees across 180 locations. The Group provides competitive, safe, high-value-added solutions for all commercial and industrial vehicle fleets.

FRAIKIN is at the vanguard of smart services in subcontracting and vehicle fleet management and is a leader in long-term leasing of commercial and industrial vehicles. It is constantly innovating and evolving to help its 7,000 customers meet the needs of their customers.

For more information: www.FRAIKIN.com

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