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Faurecia director resigns

Faurecia said May 29 that Jean-Pierre Clamadieu resigned from the board of directors at the close of the annual shareholder meeting on May 29.

Shareholders of the French auto parts maker also approved its plan to convert Faurecia SA into a European company (SE), a change of status that will be effective upon completion of the negotiations related to the creation and functioning of the European Company Committee.