Mr. Schweitzer has opened the company to private shareholders in 1994 and led the privatization of Renault in 1996. On March 27, 1999, Renault and Nissan agreed to join forces to achieve profitable growth for both companies forming a new entity ranking fourth in the world automotive industry. Since then, Renault has taken a majority stake in Dacia and Samsung in 2000 and became first stakeholder of AB Volvo in 2001, which is now running Renault’s industrial vehicles activity.
Louis Schweitzer joined Renault in May 1986. He became Chief Financial Officer and Executive Vice-President in 1988, President and Chief Operating Officer in December 1990.
Formerly, he was a Civil Servant at the Budget Department then served for five years as chief of staff of Laurent Fabius, who was Minister of Budget in 1981, Minister for Industry and Research in 1983, and Prime Minister from 1984 to 1986.
Mr. Schweitzer holds a Master’s degree in Law and studied at the “Institut d’Etudes Politiques de Paris”. He carried on as a student at the “Ecole Nationale d’Administration” from which he graduated in 1970 as “Inspecteur des finances”.
Mr. Schweitzer has been appointed in March 2005 for a five years mandate Chairman, from 2005 to 2010 President of the French high authority to fight discrimination and promote equality.
Mr Schweitzer is was also Chairman of the Supervisory Board of the French newspaper Le Monde from 2009 to 2011. He is Chairman of AstraZeneca since January 2005 and of AB Volvo since January 2010 and serves on the board of BNP-Paribas, L’Oréal, and VEOLIA Environnement and AB Volvo, as well as on the board of a number of not-for-profit institutions.
He is President of France Initiative, a not for profit organization whose aim is to finance the creation and development of small enterprises.