Kering will propose a 20 million euros ($22.89 million) signing-on bonus for its new CEO Luca de Meo, adding to an overall ...

Renault SA picked procurement chief Francois Provost as its new chief executive officer, tapping a seasoned company insider to stabilize the French carmaker after the surprise departure of former boss ...

Luca de Meo will leave the Renault Group, which he has been leading since July 2020, "to take on new challenges outside the automotive sector." His voluntary resignation as CEO will be effective ...

Renault appoints Francois Provost as CEO after Luca de Meo’s exit, facing EV pressure, trade risks, and a $10.97B ...

When Luca de Meo became Renault’s CEO in the summer of 2020, the group had just posted a €7.3billion loss and was on the verge of collapse as the world economy shuddered to a halt during the ...

Renault also said Dec. 16 it’s appointing Celeste Thomasson, a former Safran SA and Geodis SA executive, as chief audit and risk officer, reporting to de Meo.

De Meo said Renault were spending 200-250 million euros ($220.5-275.7 million) a year on engine production at the Viry-Chatillon facility outside Paris, while buying an engine from another ...

Mr. de Meo will take office on July 1, Renault said. Until then, Clotilde Delbos, Renault’s chief financial officer, will remain interim chief executive.

The French carmaker turned to a company veteran as navigates a tough automotive market.

De Meo, 52, will take up the post on July 1, Renault said in a statement on Tuesday. He replaces Clotilde Delbos, who took over as Renault's interim CEO after Bollore stepped down in October.