Overview

• De Meo’s five-year tenure at Renault featured a major pivot to electric vehicles and a rebalancing of its alliance with Nissan.
• His anticipated move to Kering follows reports by Le Figaro and Reuters that he will succeed Francois-Henri Pinault as chief executive.
• Kering has endured a 60% plunge in its share price over two years amid profit warnings and leadership changes at Gucci.
• Pinault is considering separating the chairman and CEO roles as part of his succession planning.
• Kering officially declined to comment on de Meo’s prospective appointment.