Kering will propose a 20 million euros ($22.89 million) signing-on bonus for its new CEO Luca de Meo, adding to an overall ...

Kering SA is set to award a €20 million ($22.8 million) sign-on bonus to Luca de Meo when he takes over as chief executive ...

Renault SA picked procurement chief Francois Provost as its new chief executive officer, tapping a seasoned company insider ...

Renault appoints Francois Provost as CEO after Luca de Meo’s exit, facing EV pressure, trade risks, and a $10.97B ...

French auto giant Renault said Wednesday that Francois Provost, currently in charge of procurement, would take over as chief ...

PARIS (Reuters) -Renault named Francois Provost as CEO on Wednesday, opting for a low-profile insider to steer the French ...

Shares in Kering rose on Wednesday with analysts suggesting investors are looking past another weak quarter of earnings at ...

The board appointment of de Meo, who arrived at Renault in July 2020, is a signal to Nissan’s leadership that the Italian-born CEO has the backing of Renault’s board as well as of the French ...

De Meo also sees other problems with the Formula 1 rules. "The reward structure in Formula 1 does not take into account the investments that the manufacturer teams have to make," said de Meo.

De Meo, 52, will take up the post on July 1, Renault said in a statement on Tuesday. He replaces Clotilde Delbos, who took over as Renault's interim CEO after Bollore stepped down in October.

At a capital market day on Nov. 15, de Meo will pitch how he’ll overcome a difficult market for listings and catch up in the race for a European answer to Tesla Inc. and competition from Chinese ...