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 ...

The former Renault chief could receive a signing bonus of €20 million upon joining the luxury group, along with an annual ...

Renault named Francois Provost as CEO on Wednesday, opting for a low-profile insider to steer the French carmaker through ...

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 ...

De Meo will succeed Kering's departing CEO, François-Henri Pinault, who has led the luxury company for the past two decades. Pinault will stay on as the chairman of Kering's board of directors ...

De Meo's unexpected departure marks the second top-level exit from a European carmaker in six months, after Carlos Tavares resigned from Stellantis, at a time the sector in Europe is reeling from ...

Now that De Meo has been named as CEO of the French owner of Gucci and other luxury brands, “it is not hard to imagine how intriguing he found the Kering opportunity,” Solca said.

The executive, Luca de Meo, 52, recently stepped down as the president of SEAT, a Spanish car brand that has become one of Volkswagen’s best-performing divisions since he took over in 2015.

Mr. de Meo, 58, resigned on Sunday from Renault, which he had run since 2020. He also holds stints at Volkswagen, Fiat and Toyota under his belt, but has never worked in the fashion industry before.

Paul De Meo, who is best known for adapting the screenplay of Dave Stevens’ comic book, The Rocketeer, died unexpectedly on Feb. 26. In addition to the Disney classic, he wrote and produced many ...