Jacques Calvet to announce shock retirement from business?

  • By Smith Alexander
  • Paris
  • Last updated on

PSA Peugeot Citroën ex-boss created a stir on Monday when rumors have surfaced that his career was over.

Sad news for Calvet fans. Speculation had been rife that PSA Peugeot Citroën's ex-boss will announce his retirement from business, at age 93, with immediate effect.

UPDATE 05/11/2024 : This story seems to be false. (read more)

Being a business man isn't fun anymore

“As we get older, there are phases of life that we enter into, and being a business man just isn't fun anymore,” he might have said, says a source who remained anonymous. Other reports hinted that he may branch out into other creative fields he is better at (and more interested in), though they didn't provide any details.

#ThankYouJacques

For a little while on Monday evening, #ThankYouJacques was a trending hashtag on Twitter. As many fans reminisce and look back on all the unforgettable memories, some may wonder what about now made him make the decision.

“You’ve accomplished everything I ever dreamed of #ThankYouJacques.”
— @DesireePlum, 4 Nov 2024
“Calvet wasn't retired?”
— @borisB0, 4 Nov 2024

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