From Yahoo Finance: 2025-06-15 17:15:00

Kering, a French luxury group, may hire Renault CEO Luca de Meo to lead its turnaround. De Meo is leaving Renault on July 15 after 5 years as CEO. He has 30 years of industry experience at brands like Fiat and Volkswagen. Kering aims to boost Gucci brand performance under new leadership.

Kering has a history of recruiting industry outsiders, like Robert Polet from Unilever, to run its fashion business. Kering’s CEO François-Henri Pinault is dedicated to improving the company’s financial performance. Pinault aims to stabilize the stock price in the long term. Kering is focused on luxury fashion, beauty, and eyewear.



Read more at Yahoo Finance: Could Kering’s New CEO Come From the Auto Sector?