Renault Kicks Off CEO Search
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Renault SA’s impending loss of Chief Executive Officer Luca de Meo calls into question the French carmaker’s recovery, with the board having to replace a second senior leader in a matter of months.De Meo will step down July 15,
Luca de Meo's departure from Renault likely to cause near-term uncertainty as analysts debate whether it will impact its growth strategy and make investors cautious.
Gucci parent, Kering, appointed Renault's former CEO, Luca de Meo, as its chief executive, as the company struggles to improve its weak performance.
Nissan Motor CEO Ivan Espinosa said the automaker plans to reduce its stake in French partner Renault , the Nikkei business newspaper reported on Monday.
Kering surged nearly 10% after news broke that Renault CEO Luca de Meo is set to take over the debt-heavy luxury group, according to five sources cited by Reuters. Meanwhile, Rena
Ivan Espinosa, who took the helm at Nissan in April, has identified a key role for its partners, as he seeks to step up the pace of restructuring at the loss-making group.