Stéphane Védie has a master’s degree in purchasing management from Grenoble University in France, a master’s degree in management from the Graduate Business School of Amiens in France and a bachelor’s degree in corporate finance and strategy from Uppsala University in Sweden.
He has held executive positions at Magneti Marelli, Automotive Lighting, and Valeo in Czechia, France, Germany, and the U.S., and has spent his career in the automotive industry with specific expertise in vehicle lighting.
Since December 2016 he has been CEO of Varroc Lighting Systems, and he kindly granted us this exclusive interview:
DVN: The global sales of Varroc group have strongly increased during the past five years, with an average annual growth of 14%. You have even announced operations at +28% in Q1-FY18 at around €350m. How do you explain this grand increase?
Stéphane Védie: We have a very clear organic growth strategy targeting specific segments and car manufacturers with technology and volumes. Our footprint expansion, particularly in Brazil and Morocco, has enabled us to position ourselves on global platforms where only a few players were present. This strategy has allowed us to win significant incremental business in the last 18 months.