| CEO Name | Florent Menegaux |
| Nationality | France |
| Net Worth Estimation | $15 million |
Florent Menegaux, CEO of Michelin Group, has an estimated net worth of around $15 million, largely attributed to his executive compensation, stock options, and performance-related bonuses from the global tire manufacturing giant. His long tenure and strategic leadership at Michelin, overseeing major expansion and innovation, significantly contribute to his financial valuation.
Florent Menegaux, CEO of Michelin Group, has an estimated net worth of $15,000,000, which is approximately 16.7% of the maximum estimated CEO net worth in the manufacturing category ($90,000,000). His net worth is significantly above the minimum benchmark of $0 for this sector.
Business Category: Manufacturing
Minimum Net Worth (estimation): 0 USD
Maximum Net Worth (estimation): 90000000 USD
Florent Menegaux Performance in Michelin Group
Florent Menegaux, CEO of Michelin Group, demonstrates transformational leadership by driving innovation and sustainability initiatives that align with the company's global vision. His strategic decision-making emphasizes digital transformation and operational efficiency, resulting in enhanced market competitiveness and revenue growth. Under Menegaux's leadership, Michelin has strengthened its brand reputation and expanded its presence in key international markets, solidifying long-term performance success.
Latest News
Michelin Group Revises 2025 Outlook Amid Tougher Business Environment
Michelin has lowered its 2025 segment operating income forecast to EUR2.6-3.0 billion due to deteriorating conditions, especially in North America, while CEO Florent Menegaux emphasizes agility and sustainability as key strategies for navigating global turbulence.
Source: http://www.michelin.com/en/publications/group/financial-information-september-30-2025