Renault is expected to name an interim CEO next week as the French carmaker finalises its search for a permanent successor to outgoing chief Luca de Meo, who is set to join luxury fashion conglomerate Kering as CEO, Financial Times reported, citing sources familiar with the matter.
De Meo’s departure is effective July 15, adding urgency to Renault’s decision-making process. The company is reportedly evaluating a shortlist that includes three key contenders: internal candidates Denis Le Vot and François Provost, and former Stellantis executive Maxime Picat.
The legacy to choose from
Le Vot currently leads Renault’s low-cost Dacia brand and is credited with driving significant gains in the value-focused segment. Provost, as per his LinkedIn profile, serves as Renault’s Chief Procurement, Partnerships and Public Affairs Officer and has been a long-time member of the Group’s leadership. Picat, who recently left Stellantis, brings extensive international experience and operational know-how, making him a strong contender for the top job.
Renault has yet to issue an official statement in response to the developments.
Industry analysts have suggested that Le Vot and Picat are front-runners, especially given the need to maintain Renault’s momentum in its ongoing restructuring and electrification plans. Under de Meo’s leadership, Renault launched its “Renaulution” strategy to focus on profitability, electrification, and brand revitalisation.
The upcoming appointment will be critical as Renault navigates a highly competitive automotive landscape shaped by rapid EV transformation, supply chain complexities, and ongoing alliance dynamics with Nissan and Mitsubishi.
A formal announcement is expected before or on July 15, in time for de Meo’s official exit.>