Michelin: Giving People a Better Way Forward

For 130 years, Michelin has been innovating to facilitate mobility by offering tires and services that meet the real needs of its customers. Michelin has been building a successful company driven by a thirst for innovation, a quest for excellence and a desire for social progress.

Michelin is inventing the future with the purpose to offer everyone a better way forward. This Purpose is reflected in their corporate strategy and conditions Michelin’s human and social goals. Every day, the company strive to better serve their customers and stakeholders, give their employees a chance to fulfill their potential and conduct their business responsibly. 

Putting People First- Strategy

In our fast-moving world, people’s expectations are changing all the time. At Michelin, their strategy is to lead by systematically putting people first. Michelin believes in putting innovation at the heart of its strategy. It is a major competitive asset that sets us apart from the competition and ensures our Group’s long-term success.

Their strategy is built on four main pillars: tires, services and solutions, unique Michelin mobility experiences and high-tech materials.

Their human and social goals are the embodiment of their commitment to offer their employees opportunities for development and engage in a constructive dialog for the individual and common good. Moreover, they are determined to find the right balance between economic and financial interests, environmental and social imperatives and the human factor. This is rooted in the company’s corporate DNA.

Michelin’s sponsorship and corporate philanthropy initiatives spring from a desire to encourage people-centered projects and respect for others wherever they are.

Michelin Governance is founded on a stable, reliable and responsible management which upholds shareholders’ rights, is guided by a strong sense of duty and is capable of taking the long-term view in strategic decision-making.

The comp-any believes Innovation is a key pillar of their strategy. One of the major themes of their strategy is using innovation to differentiate their products and services from the competition. Innovation consolidates the Group’s technological leadership.

Driving Innovation in Products and Services

They believe that for mobility to have a future, it has to be increasingly safe, accessible, efficient and eco-friendly. Those four goals drive their innovation on products and services.

Michelin is a leader in sustainable mobility. Rank amongst the world’s most innovative, responsible and high-performing companies. In their quest to make sustainable mobility a reality, they move closer to this ambitious goal every day. Offering everyone a better way forward – that’s Michelin’s purpose.

With seven R&D centers in different parts of the world, 69 tire manufacturing facilities and sales agencies in 171 countries, the Michelin Group has a strong foothold on every continent. They are a global tire and mobility services player- map of their plants and offices. To achieve external growth, the Group relies on a dedicated team of recognized experts, lawyers and tax specialists.

Woodruff U70: The largest Michelin distribution center

Woodruff U70, the largest Michelin distribution center is now operational. This is Woodruff U70, Michelin’s new North American distribution center near Greenville in North Carolina, USA. It is the largest warehouse the Group has ever built, the fourth largest in the world all industries combined.

Since the 2000s, Michelin has been leading a continuous improvement process based primarily on an Environmental Management System and on performance improvement targets measured with a Group-wide indicator, the Michelin Environmental Footprint (MEF).

Michelin has set six short-term sustainable development ambitions for 2020. These are concrete targets that are monitored and measured.

Jean-Dominique Senard, Michelin Group CEO

Jean-Dominique Senard graduated from France’s HEC business school (Hautes Etudes Commerciales). He also holds a Master’s Degree in Law.

He began his career in various financial and operations positions with Total, from 1979 to 1987, and then with Saint-Gobain from 1987 to 1996.

From 1996 to 2001, he was Chief Financial Officer of Pechiney and a member of its Group Executive Council. He was also head of Pechiney’s Primary Aluminum sector until 2004. As a member of Alcan’s Executive Committee, he was in charge of integrating Pechiney and served as Chairman of Pechiney SA.

Jean-Dominique Senard joined Michelin in March 2005 as Chief Financial Officer and a member of the Michelin Group Executive Council.

In May 2007, he was appointed Managing Partner of the Michelin Group.

During the Group’s 2011 Annual Meeting of Shareholders on May 13, 2011, Jean-Dominique Senard was appointed Managing General Partner of the Michelin Group alongside Michel Rollier.

Jean-Dominique Senard is CEO of the Michelin Group since May 2012. He supervises the Executive Committee and the Legal and Digital Activities Corporate Directions.

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