De Meo Abandons Ship: Renault Bids Adieu to Flamboyant CEO
French automaker Renault experiences executive departure as CEO De Meo steps down from his position. - French automaker's chief executive, De Meo, departs company
It's time to bid a fond farewell to Luca de Meo, as he sets sail for new horizons! After manning the helm at Renault since July 2020, this 58-year-old Italian powerhouse is swapping the French automotive industry for the glamorous world of luxury fashion.
According to Le Figaro, De Meo is set to take the reins of Kering, the French conglomerate renowned for its prestigious brands such as Gucci and Saint Laurent. What a fabulous change of scenery!
- Luca de Meo
- Renault
- Le Figaro
- Fashion World
The Big Question: Who'll Be the Next Captain of the Renault Ship?
With De Meo's departure, the race for the new Renault CEO has begun. However, official announcements are yet to be made. Two names have been floating around as potential candidates to fill de Meo's shoes:
- Denis Le Vot: The current kingpin of Dacia, a brand under the Renault umbrella. He's been making waves and could be the man to lead the company into calmer waters.
- Secret Executive from Stellantis: An unnamed executive from Stellantis, a major competitor, has also been rumored as one of the frontrunners for the position. Can this mystery man turn the tide for Renault?
Stay tuned, as the future of Renault unfolds before our eyes! De Meo will be at the helm of Renault until July 15, 2025, but his new adventure with Kering begins on September 15, 2025. Until then, be sure to wave goodbye with a mix of sadness and excitement!
- Denis Le Vot
- Stellantis Executive
- Renault's New Dawn
On financial fronts, potential challenges may arise for Renault following Luca de Meo's departure, as the CEO navigated the business and technology landscape with deft skill. Furthermore, in the sphere of technology, the company will need to adapt to a new leadership style, much like a chef adjusts recipes with a new sous-chef – a role that Denis Le Vot or the secret Stellantis executive might fill, respectively, as Renault-chefs guiding the French car manufacturer through winding industry roads.
