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 ...

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

French auto giant Renault said Wednesday that Francois Provost, currently in charge of procurement, would take over as chief executive following Luca de Meo's departure in June.

French auto giant Renault said Wednesday that Francois Provost, currently in charge of procurement, would take over as chief executive following Luca de Meo's departure in June.

PARIS -Kering will propose a 20 million euros ($22.89 million) signing-on bonus for its new CEO Luca de Meo, adding to an annual fixed income of 2.2 million euros and a variable income of up to 6.6 ...

Separately, Renault announced the appointment of Duncan Minto as interim CEO, following the resignation of Luca de Meo last month. De Meo joined luxury group Kering.

Minto will work alongside chair Jean-Dominique Senard as the group finalises its decision after De Meo abruptly announced his exit in mid-June to run luxury group Kering.

French automotive giant Renault said Wednesday that Francois Provost, currently in charge of procurement, would take over as chief executive following Luca de Meo's departure in June.

Former Renault CEO Luca De Meo promised the budget electric city car will deliver “best-in-class efficiency” of up to 6.2 miles per kilowatt-hour, but details about its powertrain are yet to ...