Alain Dassas

Alain Dassas
Born August 5, 1946
Paris, France
Nationality French
Alma mater ESCP
University of Paris (Ph.D. in Econometrics)
Stanford University (MSM)
Occupation Member of the Board of Directors, Head of European Operations (SI Capital Partners)
CFO (Segula Technologies)
Permanent Representative for APG (ABP Fund) as an Independent Member of the Supervisory Board of Altarea SCA

Alain Dassas (French pronunciation: ​[alɛ̃ dɑsɑ]) (born August 5, 1946)[1] is a French businessman who held various positions within the Renault-Nissan Alliance and was one of the key participants in the agreements that led to its creation.[2][3] He also negotiated several major contracts for the Renault F1 Team[4] and was President of it between 2006 and 2007.

Early career and education

Dassas was born on August 5, 1946 in Paris, France.[1] After obtaining a degree at the École Supérieure de Commerce de Paris, a postgraduate degree in Econometrics at the University of Paris and a Master in Management at the University of Stanford, he was hired by the Chase Manhattan Bank in New York in 1973 and since then, he occupied various senior positions at different financial entities in both France and the United States.[1][5][6]

Renault-Nissan Alliance

Renault

In 1983, Renault hired Dassas to manage the company's financial offices in New York. In 1986, he was named Chief Operating Officer of the Société Financière et Foncière (Renault's bank). He also was assigned to manage relationships with banks and financial markets.In 1990, he became Financial Director of Renault Crédit International. In 1997 he was named Vice President, Financial Operations of Renault and participated in several key agreements for the future of the company, such as negotiations with Volvo AB, the joint venture with AvtoVAZ, the acquisition of a majority stake in Dacia and Renault Samsung Motors and the alliance with Nissan.[5] In 2001, he was named Senior Vicepresident, Finance and in 2003 he joined the Board of Directors of Renault.[1]

In 2010, he became a company's consultant.[6]

Renault F1

Dassas played a major role during the purchase of Benetton Formula by Renault in 2000, which then would be called Renault F1 Team .[4][5] Later, he was involved in financial negotiations with Bernard Ecclestone.[4]

On April 3, 2006, Dassas replaced Patrick Faure as President of the team.[1] During his first year Renault was one of the dominant forces in Formula One and won the constructors' and drivers' championships. In 2007, however, performance dropped significantly[7] and on September 4 of that year Dassas left his charge and was replaced by Bernard Rey.[8][9]

Nissan

In 1999, Dassas was a member of the Board of Directors of Nissan Diesel.

On September 4, 2007 it was announced his transfer to Nissan as Chief Financial Officer (CFO),[9] a position which became effective on September 17. The objectives of this measure were to fill a position that had been vacant four years (since Thierry Moulonguet's departure) and improving relations with the world of finance, because the price of the shares of Nissan had been steadily dropping.[10]

On October 5, 2009 the Yokohama-based automaker announced that on December 1 Dassas would leave his post, returning to France, being replaced as CFO by Joseph G. Peter.[11]

Beyond Renault-Nissan Alliance

As of 2010, Dassas is CFO of Segula Technologies.[6] He is also a member of the investment company Strategic Initiatives' Board of Directors, and its Head of European Operations.[5]

He is a Permanent Representative for APG (ABP Fund) as an Independent Member of the Supervisory Board of Altarea SCA.[6][12]

References

  1. ↑ 1.0 1.1 1.2 1.3 1.4 "Alain Dassas to replace Patrick Faure". F1network.net. 13 March 2006. Archived from the original on 2 June 2012. Retrieved 2 June 2012.
  2. ↑ "Alain Dassas". Businessweek.com. Archived from the original on 2 June 2012. Retrieved 2 June 2012.
  3. ↑ "Team: Alain Dassas". Deltaauto.com. Retrieved 2 June 2012.
  4. ↑ 4.0 4.1 4.2 "Exclusive interview - Renault's Alain Dassas". formula1.com. FOM. 2 June 2006. Archived from the original on 3 June 2012. Retrieved 2 June 2012.
  5. ↑ 5.0 5.1 5.2 5.3 "Advisory: Alain Dassas". SI-CP.com. Archived from the original on 2 June 2012. Retrieved 2 June 2012.
  6. ↑ 6.0 6.1 6.2 6.3 "Dassas, Alain". In.Reuters.com. Reuters. Archived from the original on 3 June 2012. Retrieved 2 June 2012.
  7. ↑ "Renault's F1 History". Renault.com. Retrieved 2 June 2012.
  8. ↑ "Rey to succeed Dassas at Renault". Motorsport.com. 4 September 2007. Archived from the original on 2 June 2012. Retrieved 2 June 2012.
  9. ↑ 9.0 9.1 Elizalde, Pablo (4 September 2007). "Dassas to leave Renault F1 team". autosport.com. Haymarket Publishing. Retrieved 6 June 2012.
  10. ↑ "Nissan names Renault's Dassas CFO after 4-yr blank". Reuters.com. Reuters. 4 September 2007. Archived from the original on 3 June 2012. Retrieved 3 June 2012.
  11. ↑ "Nissan appoints new chief financial officer efective December 1". Nissan-Global.com. 4 September 2007 5 October 2009. Retrieved 3 June 2012. Check date values in: |date= (help)
  12. ↑ "Altarea SCA". markets.ft.com. Financial Times. Archived from the original on 3 June 2012. Retrieved 3 June 2012.