New CEO is looking for Renault after Luca de Mao’s unexpected departure
The group Renault is looking for new CEO Following Luca de Meo’s unexpected decision to resign after five successful years at the helm of the French brand.
Luca de Meo The person who took over Renault’s reins in one of the most critical turning point in her history and led her to a positive sign, leaving the company’s CEO position on July 15, after five years at the top. As he said, it was time for « new challenges outside the automotive industry ».
Having contributed to the rise of the brand in the past Seat of the Volkswagen Group During a five -year term, he joined Renault in July 2020. At that time, the company faced significant challenges, including a record of net damage of € 7.3 billion in the first half of the year.
However, Luke de Meo managed to revive Renault focusing on higher profit margin products and reducing growth times. The Renalution restructuring plan laid the foundations for a refreshed range of SUVs, to the detriment of lower -sales models.
The Renault 5 was reborn as electric, and soon followed a corresponding crossover with Renault 4. In addition, Twingo is going to return time as the brand’s electric import car.
