PSB Industries's CEO Jean-Baptiste Bosson announced his retirement on Oct. 10, 2012. 40-year-old Olivier Salaun, a graduate engineer from the Grenoble INP-Pagora engineering school with an MBA from HEC, will be appointed to replace him as CEO during the next meeting of the Board of Directors.

Oliver Salaun has spent the majority of his career at Ahlstrom, serving as Vice-President & Managing Director since 2006 and heading up several business divisions.