Sayonara, de Meo! Renault's Top Gear Shifts to Luxury Giant Kering
Ghosn Departs Renault: Former CEO Leaves French Car Company - Renault's leader, De Meo, departs from French automaker.
Let's talk about some juicy news in the automotive world, shall we? The man steering the wheel at Renault, Luca de Meo, is swapping his French keys for a swanky set at Kering, a lavish conglomerate. Yep, you guessed it – he's ditching Renault for a cushy gig amidst the likes of Gucci and Yves Saint Laurent!
You may have heard of De Meo - he's been at the helm of Renault since July 2020, and before that, he was the big cheese at Seat, the Spanish subsidiary of Volkswagen. Now, he's got his eyes on a new prize, as reported by "Le Figaro." Mark your calendars, because the 58-year-old Italian will join Kering on September 15, 2025[1][2][3].
But who's going to replace De Meo at Renault? There are two top contenders in the running: Denis Le Vot, the head honcho at Dacia, and a Stellantis executive who's their top purchasing officer. However, we're still waiting on the official announcement[4].
Now, if you're wondering why De Meo's ditching the automotive world for a leap into the luxury industry, well, it's safe to say that the offer must have been too good to resist. After all, who wouldn't want to hang out with guided tours of designer shoe boutiques instead of getting their hands greasy with oil and rubber? Let's see how De Meo does in the high-stakes game of designer handbags and leather loafers!
Luca de MeoRenaultLe FigaroSundayCEO
Enrichment Data:- Luca de Meo is stepping down as CEO of Renault after five years to take on a new role as CEO of Kering, a luxury conglomerate.- He will officially leave Renault in mid-July and begin his new position at Kering on September 15, 2025.- The two top candidates to replace De Meo at Renault are Denis Le Vot, the CEO of Dacia, and a Stellantis executive who is their top purchasing officer.- The official announcement of the new CEO has not been made yet.
Luca de Meo, the Renault CEO, is leaving the French car manufacturer to join Kering, a luxury conglomerate, effective from mid-July 2025. The automotive industry could witness a shift in leadership in the coming years as Le Figaro reports the potential contenders for De Meo's position at Renault, with Denis Le Vot, CEO of Dacia, and a Stellantis executive being the top candidates under consideration.
The announcement of De Meo's successor is yet to be officially made, but his decision to move to Kering, which owns brands like Gucci and Yves Saint Laurent, indicates a transition from the transportation and automotive sectors to the luxury and finance sectors, bringing changes in the industry's landscape.
