PARIS, Dec 8 (Reuters) - French car parts maker Valeo (VLOF.PA) on Thursday said that Gilles Michel will become its new chairman of the board, replacing Jacques Aschenbroich, who will step out on Dec. 31.

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French car parts maker Valeo on Thursday said board member Gilles Michel will become its new chairman of the board, effective Jan. 1, 2023.

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