Billionaire Auto Clan to Keep Robert Peugeot on Stellantis Board

France’s billionaire auto dynasty will extend the board mandate of Robert Peugeot at Stellantis NV after he competed with another heir for the role.

Peugeot, 75, will be nominated at the 2026 shareholders’ meeting to sit for two more years on the carmaker’s governing body, according to a statement Wednesday. Another eighth-generation relative within the founding family, Xavier Peugeot, had also vied to fill the seat.