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Gucci Owner Kering Picks Renault Chief

Kering soars on expected CEO switch after de Meo quits Renault

By Gilles Guillaume, Mathieu Rosemain and Mimosa SpencerPARIS (Reuters) -Gucci owner Kering is poised to hire Renault Chief Executive Luca de Meo to help revive the debt-laden luxury conglomerate, five sources said on Monday,

· 9h

Gucci Owner Kering Looks Set To Announce Renault CEO Its New Boss

· 13h · on MSN

Shares of Gucci-owner Kering pop 10% on reports Renault's de Meo to be next CEO

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Gucci owner Kering bets on crisis specialist de Meo to lead revival

Kering said it was hiring Renault boss Luca de Meo as its new CEO, confirming reports that sent its shares soaring and those of Renault to multi-year lows earlier on Monday.

· 10h

Italian Car Guy Has a Shot at Reviving French Luxury House

· 4h

Struggling Gucci owner names new CEO

· 5h

French Luxury Giant Kering Taps Auto Executive as Its New Leader

The company has taken on more than 10 billion euros in debt, or $11.6 billion, and its share price has fallen 78 percent from its peak in mid-2021.

· 12h

Kering shares surge on reports it’s luring auto exec to run Gucci maker

· 18h

Renault boss De Meo quits; report says he will head Gucci-owner Kering

From Engines to Elegance: Renault CEO's Shock Exit Ignites Kering's Stock Surge

Kering surged nearly 10% after news broke that Renault CEO Luca de Meo is set to take over the debt-heavy luxury group, according to five sources cited by Reuters. Meanwhile, Rena

1don MSN

Could Kering’s New CEO Come From the Auto Sector?

Renault's CEO Luca de Meo resigned on Sunday, and he is poised to succeed François-Henri Pinault, Le Figaro reported Sunday.