Peugeot exec dies at age 70

PARIS (AP) -- Pierre Peugeot, chairman of the supervisory board of French car maker Peugeot SA, died Sunday at age 70, the company said.
Peugeot was a member of the company's board of directors from 1972 to 1988, during which time he helped shape the group's strategy and expand sales, the company said in a statement. He had been chairman of the supervisory board since 1988.
Company spokeswoman Liliane Lacourt said Peugeot had been ill for some time but could not provide further details about the cause of death.
Supervisory board vice chairman Jean Boillot will stand in for Peugeot until a new chairman is named, the statement said. Two other family members, Jean-Philippe Peugeot and Marie-Helene Roncoroni, also sit on the supervisory board.