In the future he will take care of brands like Gucci, Yves Saint Laurent and Balenciaga: after five years at the top of Renault leaves CEO Luca de Meo (58) the French carmaker on July 15th. De Meo wants to “devote itself to new challenges outside the automotive industry,” said the company on Sunday, confirming a report by the French newspaper “Le Figaro”.
The 58-year-old Italian becomes the new head of the French luxury group Kering. He takes over from the billionaire François-Henri Pinault (63), reported “Le Figaro”. So far, Pinault is head of the board and the board of directors in a double role.