Unexpected! Renault Boss Luca De Meo Leaves

Source: dpa | Translated by AI 1 min Reading Time

Related Vendor

Renault boss Luca De Meo unexpectedly leaves the French car manufacturer, as the dpa now reports. From car manufacturer to luxury manager.

Luca De Meo will unexpectedly leave his position as CEO at Renault, it is said. He now wants to prove himself outside the automotive business.(Image: Renault)
Luca De Meo will unexpectedly leave his position as CEO at Renault, it is said. He now wants to prove himself outside the automotive business.
(Image: Renault)

After five years at the helm of the Renault group, the Italian manager Luca De Meo has announced his decision to resign from his position. According to reports, he wants to take on new challenges outside the automotive sector. De Meo will therefore leave the company as early as July 15. No further information could be obtained otherwise. However, according to an unconfirmed report by the French daily newspaper Le Figaro, De Meo is said to take over the leadership of the French luxury goods group Kering, which belongs to billionaire Francois-Henri Pinault. Pinault has so far played a dual role, being both the CEO and the chairman of the board. Kering includes brands such as Gucci, Yves Saint Laurent, Balenciaga, and Bottega Veneta.

Subscribe to the newsletter now

Don't Miss out on Our Best Content

By clicking on „Subscribe to Newsletter“ I agree to the processing and use of my data according to the consent form (please expand for details) and accept the Terms of Use. For more information, please see our Privacy Policy. The consent declaration relates, among other things, to the sending of editorial newsletters by email and to data matching for marketing purposes with selected advertising partners (e.g., LinkedIn, Google, Meta)

Unfold for details of your consent