The Renault board has started the search for a new CEO, the company added. Kering’s board is meeting Monday, according to people familiar with the situation who declined to be identified by name.

The Gucci owner is banking on an automotive turnaround specialist to fix its luxury brands. Francois-Henri Pinault, the billionaire heir who has headed up the French fashion house Kering Group for ...

Meanwhile, Renault shares were losing around 8% in Paris after the company confirmed the resignation of the CEO. Shares of Kering, the Gucci owner, ...

Renault SA lowered its profitability outlook for the year and named its finance chief Duncan Minto its interim chief ...

Renault will name an interim chief executive next week as it continues to search for a replacement for Luca de Meo, who is to leave the carmaker to head luxury group Kering, the Financial Times ...

Renault cut its guidance for this year's operating margins to 6.5% from around 7% earlier. Additionally, the company also cut ...

Renault’s share prices had dropped by 6.9% by early afternoon in Paris, while Kering was traded 9.6% higher, as Luca de Meo, the Italian CEO of Renault Group, suddenly resigned from his post on ...

PARIS • Gucci owner Kering said it was hiring Renault boss Luca de Meo as its new CEO to help revive the debt-laden luxury conglomerate.

Gucci Owner Kering Turns to Renault CEO in Turnaround Bid. Kering SA is set to name the chief executive officer of Renault SA as its next CEO, looking to an Italian manager who’s turned around the ...

Shares in Renault plunged over 16% on Wednesday after the French carmaker slashed its 2025 financial guidance and named finance chief Duncan Minto as interim chief executive.

Letter: Renault boss is an inspired pick by Gucci owner on whatsapp (opens in a new window) Save Published June 25 2025. Jump to comments section Print this page.

PARIS (Reuters) -Renault CEO Luca de Meo is leaving the French carmaker to pursue a role outside the auto industry, the company said on Sunday, and newspaper Le Figaro reported he would become the new ...