Renault Group CEO Luca de Meo has stepped down from his position efficient June 15, 2025, and the group’s board of administrators has “initiated the method” of appointing a brand new chief govt officer, the corporate has introduced.
Luca de Meo steps down from the management place after 5 years on the helm of the group, having taken up the position of CEO in July 2020. de Meo arrived on the Renault Group from the Volkswagen Group, the place he was chairman of Seat.
de Meo has determined to “pursue new challenges outdoors the automotive sector,” in accordance with the Renault Group assertion. Based on an Autocar report citing the Monetary Instances and French information outlet Le Figarode Meo might be named CEO of Kering, a French holding firm specialising in luxurious items manufacturers.
“For 5 years, Luca de Meo has labored to revive Renault Group to its rightful place. Underneath his management, our firm has returned to a wholesome basis, boasts a powerful vary of merchandise and has resumed progress. Moreover being an distinctive captain of business, Luca de Meo can also be a artistic, dedicated, passionate and galvanizing particular person,” Renault Group chairman Jean-Dominique Senard stated in a press release.
“There comes a time in a single’s life when one is aware of the job is finished. At Renault Group, we have now confronted immense challenges in lower than 5 years! We have now achieved what many thought unattainable. Right this moment, the outcomes communicate for themselves: they’re the perfect in our historical past… I’m leaving a remodeled firm, poised for the longer term, to use my expertise to different sectors and embark on new adventures,” de Meo stated.
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