Francois Michelin, the legendary director of the eponymous tyre manufacturer, has died aged 88.
He managed the Michelin company for 47 years.
Francois Michelin was Edouard Michelin's grandson, the latter having been one of the two founders of the company back in 1889.
Born in 1926 in Clermont-Ferrand, where the tyre manufacturer has always been based, he was appointed co-director of Michelin in 1955 before becoming its sole director from 1959 to 1999.
His son Edouard subsequently took over before dying in a boat accident in 2006.
During his long spell at the head of the company, Francois Michelin was instrumental in making the Auvergne-based manufacturer a global leader with multiple factories on every continent.
"On behalf of all employees in the Group, I would like to pay tribute to this exceptional man, unanimously respected for his values, his convictions and his perspicacity", Michelin chairman Jean-Dominique Senard told French regional newspaper La Montagne.