Boulogne-Billancourt, February 16, 2026 – Effective March 1st, 2026, Grégoire de Franqueville has been appointed CEO of The Future is NEUTRAL, a subsidiary of Renault Group and SUEZ dedicated to the automotive circular economy. With his extensive experience in the automotive industry, Grégoire de Franqueville will be tasked with continuing NEUTRAL’s strategy, which has been approved and supported by its shareholders. He will focus in particular on developing automotive recycling activities in Europe and internationally, serving all industry stakeholders.

Grégoire de Franqueville succeeds Jean-Philippe Bahuaud, who launched NEUTRAL’s pioneering adventure in 2022 and positioned the company as a leading player in the European automotive circular economy, serving all stakeholders. Competitiveness, environment, strategic independence, and innovation have been the driving forces behind his work over the past four years. Effective March 1st, Jean-Philippe Bahuaud will assume new responsibilities within the Renault Group as Program Director for the “B-Low” segment*, a strategic priority in the current automotive landscape. He will also represent the Renault Group on NEUTRAL’s Supervisory Board.

“I am deeply honored to join The Future is NEUTRAL at this pivotal moment for the automotive industry. Today, NEUTRAL has already structured robust solutions to develop the circular economy: dismantling of end-of-life vehicles, recovery of parts and materials, second life and repair, and recycling streams. Our priority, with the dedicated NEUTRAL team, remains to serve the entire automotive industry with increasingly competitive solutions for all stakeholders, in order to strengthen Europe’s strategic independence and our environmental contribution.”

Grégoire de Franqueville

“Building and guiding The Future is NEUTRAL towards achieving its objectives is a real source of pride. The company’s financial performance, unique positioning, and robust strategic plan provide the necessary conditions to embark on the second phase of its transformation. As I take on the role of Program Director for the Clio, R5, Sandero, and other city cars of the Renault Group brands, I will focus on strengthening, in collaboration with the brands, the competitiveness and appeal of these key vehicles at the heart of their markets, which remain essential for the mobility of millions of customers in Europe.”

Jean-Philippe Bahuaud

A graduate of École Centrale de Nantes, Grégoire de Franqueville began his career at Michelin before joining Renault Group. After ten years in engineering management, he led the Qashqai and X-Trail programs at Nissan in Japan. He then held various positions within Renault Group and the Renault-Nissan Alliance, notably in business development and international strategy. Following his leadership of the Horse project, Grégoire de Franqueville took on responsibility for strategy, partnerships, and business development for Renault Group’s Light Commercial Vehicles division before joining NEUTRAL.

* including the R5, Clio, Twingo, and Sandero

Press contact – The Future is NEUTRAL

Isabelle Behar – Communication Director
isabelle.behar@thefutureisneutral.com
+33 6 08 71 63 31

Villefontaine, February 9, 2026 – Effective February 6, 2026, Xavier Kaufman has been appointed Chairman and CEO of INDRA AUTOMOBILE RECYCLING, a wholly-owned subsidiary of The Future is NEUTRAL (NEUTRAL) and a leading player in the processing and recycling of End-of-Life Vehicles (ELVs) in France.

He succeeds Florence Bailleul, whose work since 2023 has enabled a significant strategic shift for the company.

In his new role, Xavier Kaufman will also continue to lead the development of dismantling activities in Europe for The Future is NEUTRAL, in a context of accelerating market growth for recycled parts and increasing regulatory requirements.

This new organization reinforces NEUTRAL’s ambition to offer a competitive and efficient service to all stakeholders in the ecosystem: insurers, manufacturers, networks, suppliers, and distributors.

“I am honored to take over the leadership of INDRA AUTOMOBILE RECYCLING at a pivotal moment for our industry. Our clients—insurers, manufacturers, and partners—expect reliable and competitive industrial solutions focused on their needs. With the strength of the INDRA network, the commitment of our teams, and the support of The Future is NEUTRAL, we will further enhance operational excellence, accelerate our development, and continuously improve the value of end-of-life vehicles and expand the use of recycled parts, ultimately benefiting the entire market.”

Xavier Kaufman, Chairman and CEO of INDRA AUTOMOBILE RECYCLING

Xavier Kaufman has over 25 years of experience in the automotive industry, in France, Europe, and Asia. After beginning his career in auditing, he held several management positions in sales, after-sales, and distribution networks, leading the operational and commercial development of these sectors. For over ten years, he has been involved in the automotive circular economy—reused parts, remanufacturing, and material recovery—and has helped structure solutions that combine industrial performance with sustainability goals.

He joined The Future is NEUTRAL at the end of 2022 as Chief Business Officer, responsible for the strategic development of circular economy activities.

Since February 6, 2026, he has been Chairman and CEO of INDRA AUTOMOBILE RECYCLING, a wholly-owned subsidiary of NEUTRAL.

Press Contact – The Future is NEUTRAL

Isabelle Behar – Head of Communications
isabelle.behar@thefutureisneutral.com
+33 6 08 71 63 31

The Future is NEUTRAL, a leader in the automotive circular economy in Europe, announces the signing of an agreement to acquire a strategic 30% stake in Pollini Group, the leading Italian player in the management of end-of-life vehicles (ELV). This transaction represents a long-term investment project and a key step in NEUTRAL’s European expansion strategy; the synergy with Pollini Group will support this development in the Italian market.

Together, The Future is NEUTRAL and Pollini Group aim to develop a national network in Italy, built in collaboration with the most high-performing dismantling centers, to be offered to all carmakers operating in the Italian market. The objective is to structure a more efficient and industrialized ELV sector, fully prepared to meet the requirements of the upcoming European regulation on end-of-life vehicles.

Pollini Group will continue to serve all automotive brands and, through this agreement, will strengthen its ability to develop competitive solutions for these players. With unique coverage across much of Northern Italy, Pollini has established itself as a sector leader thanks to its industrialized organization, one of the most digitized infrastructures in the country, and its well-established operational expertise.

Already well established in ELV processing in France through its subsidiary INDRA AUTOMOBILE RECYCLING, The Future is NEUTRAL continues its expansion across Europe to support manufacturers, networks, ELV centers, and insurers in the optimal, transparent, and sustainable management of end-of-life vehicles.

“Our European expansion strategy is on the way. Entering the Italian market represents a major step towards building a coherent European platform capable of meeting the new regulatory requirements expected from 2027. Our investment in Pollini Group, the champion in the Italian market, is a key asset for synergies in circular economy and expansion with the best players in Italy.”

Xavier Kaufman, Chief Business Officer, The Future is NEUTRAL

“Thanks to the partnership with The Future is NEUTRAL, we will consolidate our growth in the Italian market. The synergies with this European network will allow us to continuously enhance our know-how and ensure ever-higher performance in reuse, recycling, and recovery, with full traceability.”

Simone Pollini, CEO Pollini Group

Building a stronger, more circular, and more industrialized ELV (End-of-Life Vehicle) sector together

The acquisition opens the door to numerous synergies between Pollini Group and The Future is NEUTRAL:

• Industrialization of dismantling processes, inspired by best practices developed in France and Italy.
• Increased operational capacity to support manufacturers and insurers, thanks to expanded geographic coverage and shared operational standards.
• More efficient solutions for the reuse and recycling of materials, reducing the environmental impact of vehicles.
• Development of a European ecosystem for electric vehicles, ensuring traceability, compliance, and optimal recovery of vehicles and batteries.

Accelerating the adaptation of the sector to European requirements

With the upcoming European ELV regulation and the introduction of Extended Producer Responsibility (EPR), higher levels of recycling and reuse performance, traceability, and circularity will be required. The alliance between NEUTRAL and Pollini Group aims to offer a competitive industrial solution for all automotive players.

By combining Pollini’s local expertise with NEUTRAL’s European experience, the collaboration will strengthen material circularity, promote the use of reused parts, and enhance the sector’s contribution to automotive recycling in Europe.

The goal is to create a European model capable of sustainably structuring a sector that is essential to the environmental transition of the automotive industry.

Pollini Group: Italian leader in end-of-Life Vehicle Recycling

Pollini Group is a leading Italian operator in automotive recycling and the management of end-of-life vehicles (ELV). Founded over 40 years ago as a family-owned business, the group has grown to become one of the main players in the Italian market, with several industrial sites concentrated in Northern Italy.

The company covers the entire end-of-life vehicle value chain, from collection and depollution to dismantling, material recovery, and resale of used spare parts. The Group has made significant investments to ensure its operations comply with European environmental regulations.

Advanced recycling technologies enable high recovery rates of ferrous and non-ferrous metals, plastics, glass, and rubber, contributing to sustainability and the circular economy. By combining industrial scale, operational efficiency, and environmental responsibility, Pollini Group processes tens of thousands of vehicles per year and is well positioned to address future challenges, from electric vehicle recycling to increasingly stringent regulatory requirements.

• The Future is NEUTRAL operates the first Individual System in France for the end-of-life management of Renault Group Electric Vehicles Batteries, following approval published in the Official Journal on November 28, 2025.
• Extended Producer Responsibility (EPR) has been applicable to the recycling of EV Batteries since August 2025 and requires producers to join a Producer Responsibility Organization (PRO) or implement an Individual System by demonstrating a control of the end-to-end value chain, in order to secure their access to recycled materials.
• Already operating the Individual System for the management of End-of-Life Vehicles (ELVs) for 15 automotive brands in France, The Future is NEUTRAL now also manages the end-of-life of batteries.
• The Future is NEUTRAL relies in particular on its subsidiary INDRA AUTOMOBILE RECYCLING, an expert in the ELVs treatment as well as in the diagnosis and securing of EV Batteries, in order to direct them towards the most competitive recycling channels, with the support of its partners and its shareholder SUEZ, specialist in recycling and waste recovery.

“This first approval reinforces our belief in the competitiveness of our Individual System offer for the end-of-life management of electric vehicle batteries. Leveraging the complementary expertise of our subsidiaries and partners, we offer our circular economy solutions to all automotive manufacturers.”

Yann Velluet, VP Business Batterie

The Challenges of Battery End-of-Life: An Economic and Environmental necessity

Faced with economic, environmental, and sovereignty challenges, the circular economy is emerging as a key driver in the transformation of the automotive industry. Committed to this transition, The Future is NEUTRAL develops solutions to support the end-of-life management of batteries and guarantee their recycling and recovery.

Lithium-ion batteries in electric vehicles are made of strategic metals such as lithium, cobalt, and nickel. These materials are essential for the transition to low-carbon mobility, but their availability remains limited in Europe. Limiting this dependence is essential to guarantee European sovereignty.

The growing demand for lithium, cobalt, and nickel exacerbates supply tensions that have already existed for several years. The International Energy Agency (IEA) emphasizes in a report published in May 2025 that demand for these materials could increase three to sixfold by 2040, a growth driven in particular by the rise of electric vehicles and portable devices.

Repair and reuse before recycling batteries

The lifespan of an electric vehicle battery is currently estimated at over 15 years.

The Future is NEUTRAL relies on its subsidiary GAIA to repair batteries and keep them in vehicles for as long as possible: over 90% of defective batteries can be repaired, and more than 18,000 batteries have already been repaired by GAIA since 2012.

The battery doesn’t end with its automotive life. When its remaining capacity is no longer compatible with automotive use, or if it is still functional at the end of the vehicle’s life, GAIA can also prepare it for new uses: stationary storage or other mobility applications.

Recycling Batteries

Since August 2025, the new European Extended Producer Responsibility (EPR) regulations requires car manufacturers to finance the collection, ensure traceability, and actively contribute to the recycling of lithium-ion batteries. These obligations are part of an ambitious European framework, with progressively stricter recycling targets.

In this perspective, The Future is NEUTRAL and its partners are participating in the development of a closed-loop European battery recycling sector, in order to reintegrate recycled metals into new batteries as required by European regulation from 2031.

The Future is NEUTRAL contributes to this challenge by offering management of all operations necessary for recycling:

• Before being recycled, batteries from end-of-life electric vehicles (ELVs) are first removed from the vehicle following a precise procedure that guarantees quality and safety.
• These operations are carried out by ELV dismantling centers that handle and process electric or hybrid vehicles, such as those in the INDRA AUTOMOBILE RECYCLING network, a leader in ELV processing in France.
• They are then collected and transported safely in dedicated packaging to specialized facilities where they are discharged, dismantled, and recycled according to the objectives of the European regulations.

• From October 14^th to 18^th, 2025, The Future is NEUTRAL showcases its competitive solutions dedicated to automotive circular economy at the international EQUIP AUTO trade show. COLLECTING, DISMANTLING end-of-life vehicles, REUSING, REMANUFACTURING, RECYCLING parts and materials to REINTRODUCE them into the automotive life cycle: this is the strategic mission of NEUTRAL, the only company in Europe to provide this complete offer to all industry stakeholders.
• On this occasion, NEUTRAL, together with its subsidiary THE REMAKERS, receives the Innovation Award in the category “Energy Transition, Sustainable Development, Circular Economy.” This recognition is a European premiere: the complete remanufacturing of an electric vehicle powertrain, including the motor and power electronics. This innovation offers an average price of 30% lower than a new equivalent, developed in partnership with Renault Group and soon with other manufacturers, supported by Valeo and AUMOVIO Engineering Solutions.
• Meet NEUTRAL and its subsidiaries:
  • INDRA AUTOMOBILE RECYCLING, a major industrial player in the treatment and recovery of end-of-life vehicles (ELV), is celebrating 40 years of expertise and innovation with the capacity to connect a unique ecosystem: insurance partners, manufacturers, ELV centers, and a locally rooted network, enabling the recovery of thousands of vehicles and millions of parts each year.
  • THE REMAKERS, a pioneer since 1949 and now a European reference in the remanufacturing of automotive parts for internal combustion, hybrid, and electric vehicles, provides refurbished components that are both cost-effective and equivalent in quality to new parts.
  • GAIA, an expert in material recycling, battery repair, and parts recovery, will inaugurate a vehicle dismantling centre in Flins at the end of the year, with the support of INDRA.
• Building on several decades of experience from its subsidiaries, NEUTRAL also provides circular economy consulting services for all stakeholders, from strategic design to operational implementation. At EQUIP AUTO, NEUTRAL unveils a new initiative: “The Remanufacturing Learning Expedition.”

“The innovation award granted by EQUIP AUTO highlights the relevance of our competitive approach to circular economy in the automotive sector. Our next step is to scale up and engage with all industry stakeholders. We need to keep innovating to deliver new cost-effective automotive recycling solutions, enabling us to continue relying on cars for mobility without depleting the planet, while ensuring Europe’s strategic sovereignty. The values shared by the 600 employees of our group are competitiveness, innovation, sovereignty, and of course, environmental responsibility.”
Jean-Philippe Bahuaud, CEO – The Future is NEUTRAL

• Meet the experts of The Future is NEUTRAL and its subsidiaries at EQUIP AUTO: Hall 2.2, Stand B098, Porte de Versailles, Paris, France. 
• Attend the round tables with The Future is NEUTRAL and its subsidiaries at EQUIP AUTO:
  • Tuesday, October 14^th – 10:30 am to 11:15 am – Circular Economy Village: Roundtable on the Concentration of End-of-Life Vehicle (ELV) centres, with Florence Bailleul, CEO of INDRA, a NEUTRAL subsidiary.
  • Tuesday, October 14^th – 3 pm to 3:40 pm – ARENA Hall 1: Roundtable on Reused Parts, with Laurent Assis-Arantès, CEO of OPISTO, a subsidiary of INDRA / NEUTRAL.
  • Wednesday, October 15^th – 10:30 am to 12:00 pm – ARENA Hall 1: Grand Forum, Round table Circular Economy, with Jean-Philippe Bahuaud, CEO of NEUTRAL.
  • Friday, October 17^th – 10:30 am to 11:15 am – Energy Village: Roundtable on Battery Repairability, with Laurent Claude, Technical Director of NEUTRAL.
  • Friday, October 17^th – 2 pm to 2:45 pm – ARENA Hall 1: Conference on Remanufacturing, with Rafael Treguer, CEO of THE REMAKERS, a NEUTRAL subsidiary.

> Learn more about The Future is NEUTRAL, its subsidiaries, and the automotive circular economy by discovering our PRESS KIT below <

The collaboration aims to advance industrial production of automotive skin aluminium alloy with recycled content over 95%.

• Novelis and The Future Is NEUTRAL have joined forces to scale up the industrial production of a circular aluminium alloy containing over 95% recycled content – including more than 50% post-consumer scrap from end-of-life vehicles.
• By integrating greater volumes of post-consumer scrap into the automotive value chain, the collaboration between Novelis and The Future Is NEUTRAL aims to pioneer a new era of circularity in the automotive industry.

ZURICH/ BOULOGNE-BILLANCOURT, June 26, 2025 – Novelis Inc., a leading sustainable aluminium solutions provider and world leader in aluminium rolling and recycling, and The Future Is NEUTRAL, the first 360° circular economy enterprise in the automotive world, announced their collaboration on a circular end-of-life recycling solution. This partnership aims to push the boundaries of recycled content in automotive aluminium sheet to at least 95%, including a minimum of 50% scrap from end-of-life vehicles.

Novelis already supplies carmakers with products made from up to 85% recycled aluminium for outer skin panels and forming-critical applications in vehicles. Building on this success, the partnership between Novelis and The Future Is NEUTRAL seeks to achieve even higher recycled content, leveraging The Future Is NEUTRAL’s expertise in sourcing and segregating end-of-life vehicle scrap.

“At Novelis, we are committed to pushing the boundaries of high recycled content aluminium and reducing the carbon footprint of our solutions,” says Michael Hahne, Vice President, Commercial, Novelis Europe. “By 2030, we aim for 75% average recycled content in our products and to be the lowest emissions flat rolled products (FRP) aluminium provider with less than 3 tonnes CO₂ emissions per tonne of FRP. Collaborations with strong partners like The Future Is NEUTRAL are crucial to achieving these goals by retrieving greater volumes and high-quality aluminium scrap from end-of-life vehicles.”

“Aluminium is an excellent material for reducing the weight of vehicles and batteries,” adds Xavier Kaufman, Chief Business Officer, The Future Is NEUTRAL. “Recycling aluminium uses only 5% of the energy required for primary aluminium production and reduces CO₂ emissions by more than 90%. The automotive industry is increasingly seeking competitive solutions to source low-carbon aluminium. Our goal is to provide them with circular recycled materials sourced from end-of-life vehicles. Our partnership with Novelis enables us to combine our expertise in automotive circularity to serve this purpose and position both companies at the forefront of this initiative.”

Novelis and The Future Is NEUTRAL have signed a Memorandum of Understanding to advance the industrialization of their recycling solution. The partners aim to integrate sufficient volumes of valuable automotive aluminium feedstock from end-of-life vehicles into the value chain to meet the needs of the automotive industry and prevent downcycling.

The companies are jointly seeking to further optimize the quantity and quality of post-consumer automotive aluminium scrap, as well as its transformation processes. The Future Is NEUTRAL has expertise in the collection, dismantling and sorting of end-of-life materials, including aluminium, whilst Novelis is a world leader in aluminium recycling and supplier of innovative, low-carbon aluminium products with high recycled content.

The shared objective is to build a competitive industrial offering of high-recycled-content aluminium automotive sheet made with a maximum of post-consumer scrap from end-of-life vehicles, able to supply the European automotive industry for mass production.

• The Future Is NEUTRAL is strengthening its capabilities in the collection, processing, and recovery of End-of-Life Vehicles (ELVs) with the opening, before the end of the year, of a Dismantling Center at the Flins Refactory (Yvelines, France), with a capacity of 7,000 vehicles per year.

• This Dismantling Center will complement the circular economy ecosystem established at the Refactory, making it a unique platform in Europe that brings together all the necessary expertise for processing damaged vehicles.

• Thanks to an industrialized process, the Flins Dismantling Center will be able to extract more than 25 parts per vehicle and process over 14 different materials for recycling.

June 6, 2025 – The Future Is NEUTRAL continues to strengthen its position across the automotive circular economy value chain by expanding its capabilities in the collection, processing, and recovery of End-of-Life Vehicles (ELVs). These essential activities within the circular economy value chain help supply reused parts and materials to be recycled.

A Dismantling Centre will complete the circular economy ecosystem developed by The Future Is NEUTRAL at the Flins Refactory, and will create, in a first phase, 20 jobs. Upon its launch, it will benefit from INDRA’s full expertise in deconstruction engineering and training in ELV processing professions. The center will then be operated by GAIA, a subsidiary already established at the Flins Refactory.

« ELVs represent a key raw material for us, enabling the automotive sector to be supplied with the parts and materials it needs to operate—without depleting natural resources. The Flins Dismantling Center not only strengthens our ELV processing capabilities but also allows us to establish short closed-loop by feeding into our other circular economy activities based at the Refactory in Flins. This meets the demands and expectations of various clients, including repair professionals and insurers, in terms of performance, service quality, and environmental standards. »
Xavier Kaufman, Chief Business Officer, The Future Is NEUTRAL and VP, Refactory

A Dismantling Center Designed for Optimal Efficiency

The Flins Dismantling Center will be equipped with a range of expertise enabling it to:

• Industrialize deconstruction, with a 7-station line capable of dismantling 7,000 ELVs per year, using a process that meets the highest standards in safety, ergonomics, and environmental requirements.
• Assess ELVs and maximize their recoveryby optimizing the extraction of reusable parts (over 25 parts per ELV) and recyclable materials (over 14 materials processed and recycled).
• Receive vehicles 24/7.
• Manage on-site vehicle storage.
• Handle the administrative destruction of ELVs and ensure traceabilityof extracted parts and materials.
• Process all types of vehicles, including electric vehicles, by leveraging the advanced diagnostic capabilities of the Battery Repair Expert Center operated by GAIA in Flins.
• Manage the reuse of parts, including sorting, protection, storage, photography, and online listing—particularly on the partner platform Opisto (with a storage capacity of 50,000 parts references).

The Refactory, the First Comprehensive Circular Economy Ecosystem in Europe

The Refactory brings together on a single site all the activities required to process damaged vehicles.
At the heart of this ecosystem, the Dismantling Center will operate in full synergy with the site’s various activities:

• on-site deconstruction of vehicles that are technically or economically irreparable, in coordination with the vehicle repair activities (“the bodywork factory”)
• supply of reused parts to the damaged vehicle repair activities (“the bodywork factory”) and the used vehicles reconditioning (“the renew factory”)
• supply of repairable parts to the parts repair department
• supply of components intended for remanufacturing (The Remakers)
• supply of materials for recycling to support closed-loop systems (GAIA)
• diagnosis and recycling of batteries, drawing on the expertise of the Battery Repair Expert Center in Flins (GAIA)

• The Remakers will attend the Rematec trade show for the first time to showcase the first European remanufacturing solution for electric vehicles.
• The remanufacturing of power electronics is made possible thanks to partnerships with Valeo and Continental, which remanufacture the inverter and the converter respectively.

Flins, April 1, 2025 – THE REMAKERS announces its first participation at the Rematec trade fair, which will take place in Amsterdam from April 8 to 10. The company will present its full product range, including the first European remanufacturing solution for electric vehicles. This includes the remanufacturing of the electric engine and power electronics, which, alongside the traction battery, are the most expensive components of an electric vehicle.

“In a continuously growing market, driven in particular by the electrification of the fleet, The Remakers is ahead of the curve in the remanufacturing of electric components. This offer provides repair professionals with an alternative to new parts—at equivalent quality and in average 30% more affordable—making it a compelling option for these high-value components. Moreover, remanufacturing is a solution that consumes fewer natural resources. For example, the industrial process allows the reuse of as much as 99% of the weight of the electric engine,” says Rafael Treguer, CEO of The Remakers.

The remanufacturing of electric engines began in late 2024, and over one thousand remanufactured electric engines have already been delivered.

Power electronics remanufacturing will begin in the fall. This is the result of a partnership with Valeo and Continental, who co-developed a complete solution that includes inverter remanufacturing by Valeo and converter remanufacturing by Continental. This collaboration enables the rapid market launch of a high-tech product at a more affordable price than new, with equivalent quality.

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About THE REMAKERS

A pioneer in automotive remanufacturing since 1949, THE REMAKERS is a European leader in remanufactured automotive parts, serving all stakeholders in the industry. The company offers a wide product range with more than 11,000 references—mechanical, electronic, and electric—including the first available offer in Europe for electric vehicles, highlighting its commitment to innovation, sustainability, and environmental responsibility. Its offer provides an alternative to original parts, with equivalent quality and competitive pricing, thanks to a proven industrial process and recognized expertise in reverse engineering. Located at the Flins Refactory (France), the company delivers 350,000 parts per year and aims for 50% growth in activity by 2030. The Remakers is a subsidiary of The Future Is NEUTRAL, a 360° circular economy company for the automotive sector.

The Future Is Neutral
Raluca Barb
raluca.barb@thefutureisneutral.com
+33 (0)6 23 56 03 36

• Corinne Sieminski becomes General Manager of GAIA, effective on February the 1st.
• Laurent Claude becomes Technical Director of The Future Is NEUTRAL, effective on February the 1st.
• Philippe Greiveldinger becomes Chief Financial Officer of The Future Is NEUTRAL, effective on March the 1st.
  

Boulogne-Billancourt, March the 7th 2025

Corinne Sieminski becomes General Manager of the subsidiary company GAIA, pioneer of automotive circular economy. She succeeds Laurent Claude, who becomes Technical Director of The Future Is NEUTRAL. These changes take effect on February 1, 2025.

Philippe Greiveldinger becomes Chief Financial Officer of The Future Is NEUTRAL, replacing Mr. Jean-Antoine Bergue, who becomes CFO of the Alpine brand.

Corinne Sieminski, Laurent Claude, and Philippe Greiveldinger join the Executive Committee of The Future Is NEUTRAL, led by CEO Jean-Philippe Bahuaud.

“These close appointments highlight the dynamism of The Future Is NEUTRAL’s organization. Our Executive Committee, and more broadly our teams, are strengthening to acquire all the skills necessary for the deployment of our ambitious growth plan,” said Jean-Philippe Bahuaud, CEO of The Future Is NEUTRAL.

–

Corinne Sieminski

Corinne Sieminski has 27 years of experience in the energy and environmental sectors. After holding operational management and project management positions at EDF and ENGIE, she pursued her career at SUEZ Recycling and Recovery in 2014, serving as Chief Transformation Officer and Chief Digital Officer. In 2018, she founded and led Recygo, a joint venture between Suez and La Poste specializing in office waste recycling. She joined The Future Is NEUTRAL in November 2024 as Materials Recycling Director to support NEUTRAL’s development in optimizing recycling loops and became General Manager of GAIA in February 2025.

Laurent Claude

Laurent Claude brings over 35 years of experience in the automotive circular economy and a dual expertise in industrial and technical fields. After managing maintenance departments within Renault Group factories in France and abroad, including waste management and environmental management, he became Head of the Technical Department at the remanufacturing plant. Starting in 2012, as part of Renault Group’s visionary strategy for the circular economy, he developed offers for reused spare parts and new short loops for recycled materials. In 2017, he became General Manager of GAIA, a pioneering company in the automotive circular economy and a specialist in closed-loop material recycling and traction battery repair. Starting February 2025, Laurent Claude will assume the role of Technical Director at The Future Is NEUTRAL, with the aim of enhancing the company’s ability to offer innovative and competitive circular economy solutions.

Philippe Greiveldinger

After nine years in maritime transportation and land logistics in West Africa, Philippe Greiveldinger joined Renault Group’s finance team at the Sandouville plant before moving to the Grand Couronne logistics platform and Oyak Renault plant in Turkey as CFO. He continued his career in automotive distribution, serving as CFO of Renault Italy and Commercial Division France. At the creation of the Dacia business unit, he established the Planning & Financial Analysis function, then he joined Alpine, handling the economic studies of the brand’s ambitious product plan. In March 2025, Philippe Greiveldinger becomes Chief Financial Officer of The Future Is NEUTRAL to support its strong growth strategy.

Boulogne-Billancourt, 10/21/2024 – Following the completion of SUEZ’s entry into its capital, The Future Is NEUTRAL has established a Board of Directors. It is composed of three members, representing its shareholders, with two members appointed by Renault Group, an 80% shareholder, and one member appointed by SUEZ, a 20% shareholder.

The chairmanship of the Board of Directors goes to Mr. Jean-Philippe Bahuaud, who becomes President & CEO of The Future Is NEUTRAL. The Board is completed by Ms. Véronique Sarlat-Depotte, member of the Renault Group Leadership Team, and Mr. Lyonel Rouve, Managing Director of the Specialized Flows BU at SUEZ.

Their extensive experience and deep knowledge in the fields of automotive and waste management will be invaluable assets to support The Future Is NEUTRAL in its growth serving the automotive industry.

The Board of Directors will support the company’s development strategy, explore opportunities for business expansion, and monitor the development of each of The Future Is NEUTRAL’s subsidiaries and the consolidated group, while maintaining the necessary confidentiality between The Future Is NEUTRAL’s clients and its shareholders. Finally, it will ensure the application of jointly defined governance rules.

Jean-Philippe Bahuaud :

Jean-Philippe Bahuaud began his career in the manufacturing industry with the PSA Group, then held various international positions before becoming strategy director for Samsung’s automotive and semiconductor activities in Korea. He joined Renault Group at the end of 2018 and led a team of 30 top managers in 2020 to design “Renaulution,” the company’s new strategic plan focused on value creation and more sustainable performance. In 2021, he was appointed Vice President of Strategic Planning for Renault Group, Vice President of the ReFactory in Flins, and Director of Environmental Strategy. In 2022, he became CEO of The Future Is NEUTRAL. Jean-Philippe Bahuaud holds an MBA from the London Business School and is a general engineer graduate from ICAM (Institut Catholique des Arts et Métiers).

Véronique Sarlat-Depotte :

Véronique Sarlat-Depotte joined Renault in 1989 in the purchasing department, then held various positions at Renault and Nissan in France and Japan. In 2016, she became CEO of the joint purchasing organization between Renault and Nissan, which became the Alliance Purchasing Organization in 2018 with the integration of Mitsubishi Motors. In 2021, she was appointed Secretary General of the Renault-Nissan-Mitsubishi Alliance and became a member of the Renault Group Board of Management. In 2023, she was appointed Chief Alliance Officer and became a member of the Leadership Team. Véronique Sarlat-Depotte holds an engineering degree from EPF (École Polytechnique Féminine).

Lyonel Rouve :

Lyonel Rouve joined the SUEZ group in 2001. After holding various positions in finance, he moved to operational roles, becoming successively General Manager of SUEZ Trading & Industrial Services in France, Director of Major International Projects, and CEO Europe & Group SVP Strategy. In 2023, he was appointed CEO of the Specialized Flows Business Unit, which operates in dismantling and recycling, particularly plastics and metals. Lyonel Rouve, 50, is a graduate of SKEMA Business School.