Kering confirms ex-Renault’s Luca de Meo as new CEO

Published 16/06/2025, 16:52
© Reuters.

Investing.com -- Luxury goods giant Kering (EPA:PRTP) announced Monday it is appointing Luca de Meo as its new chief executive officer, following Renault (EPA:RENA)’s earlier statement that de Meo would be departing the French carmaker.

De Meo will take over from Francois-Henri Pinault, who has led Kering for 20 years. Pinault, whose family maintains control of the luxury conglomerate, will remain with the company as chairman.

During his five-year tenure at Renault, de Meo successfully transformed the automaker’s operations. His achievements include restructuring Renault’s two-decade strategic alliance with Nissan (OTC:NSANY) and strengthening the company’s focus on hybrid motors while advancing its electric vehicle strategy.

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