As the Grand Prix of Canada is in full swing, Renault announces that CEO Luca de Meo is stepping down. The Italian has been at the helm of the car manufacturer since 2020, but is now opting for a new challenge.
While races are taking place in Montreal, a completely different story is unfolding in France. CEO Luca de Meo has resigned from Renault and has already found a new challenge: he will assume the same role at the French company Kering, a multinational specializing in luxury goods. His departure takes effect on Sunday, June 15, which is today. Renault briefly commented on his departure: “Luca de Meo has expressed that he chooses to resign, to start new opportunities outside the automotive sector.”