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 ...

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

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 ...

PARIS/MILAN — Luxury group Kering’s partner in Valentino was quick to rule out a newspaper report on Friday that the two were considering selling the Italian fashion label. But that could be just the ...

"With incoming CEO Luca de Meo joining in September 2025, not having to deal with the integration of Valentino may be one less thing on his already long to-do list," RBC analysts said on Friday.

Vegans, and cows, rejoice! Renault signs PETA deal to cut leather from cars The brand already doesn’t offer leather in the UK, but this will now extend worldwide ...

Renault is currently being run by its finance chief Duncan Minto as it searches for a new chief executive to replace Luca de Meo, who departed this month.

Last month, the French carmaker confirmed that Luca de Meo decided to step down from the role of company CEO in order to pursue new challenges outside the automotive sector.

Renault reported zero growth in second-quarter sales volume on Wednesday, after a plunge in demand for vans in Europe offset growth in passenger cars.

But Luca de Meo, the former chief executive of Renault, is taking the top job with a mission to turn around its fortunes.