Gucci owner Kering appoints de Meo
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22hon MSN
Renault Chief Executive Luca de Meo plans to step down in mid-July and pursue new challenges outside the automotive industry, with French newspaper Le Figaro reporting he is set to become the new boss of Gucci-owner Kering.
The luxury group confirmed speculations reported by a number of media outlets this weekend. Pinault will retain his role as Kering chair.
The departure from Renault of chief executive Luca de Meo changes nothing for the French carmaker's Alpine Formula One team, de facto principal Flavio Briatore told Reuters on Sunday.Renault announced