Luca de Mayo, President of SIAT, may be Renault's CEO

Posted 2025-01-09 00:00:00 +0000 UTC

According to French media Le Figaro and Les Echos, Luca de MEO, the global president of the car group's saiat brand, is expected to become Renault's next CEO, citing sources. Renault has been looking for a new CEO since its board ousted its chief executive, Thierry bollore, in mid October. At the time, Renault also announced that the board of directors had decided to appoint Clotilde delbos, the company's CFO, as interim chief executive until the process of appointing a new chief executive was completed. The echo quoted several sources as saying that Luca de Mayo met many of the conditions for Renault to entrust headhunters with the search for a CEO. His career began at Renault and he has worked for European car companies and Fiat Group. In 2009, Luca de Mayo began to be the head of the Volkswagen Group and the Volkswagen brand market. Since then, he has joined the company as a member of Audi's management board, in charge of sales and marketing. Since November 2015, Luca de Mayo has been president of SIAT and has been praised for turning the brand around. At present, he is also the chairman of the board of directors and a member of the board of supervisors of the Ducati brand of metropolis Barcelona laboratory. Luca de Mayo speaks five languages, including Italian, English, French, German and Spanish. In response to the above reports, Luca de may denied interest in becoming Renault's CEO, while siad said in a statement: "since being appointed president of the company in 2015, Luca de Mayo has repeatedly expressed his full support for siad's development." For Renault's CEO candidate, the French government, a major shareholder holding 15% of Renault's shares, has said that it has no objection to non French citizens taking the position of Renault's CEO. On Sunday, French finance minister Bruno le Maire said he preferred to pick a professional from the auto industry to be Renault's chief executive. "I can confirm that the next Renault CEO has not been elected. The only instruction I can give you is that I hope he is a professional in the automotive industry, because fundamental changes are taking place in this industry and professionals are needed. " Lemel said. Jean Dominique senard, Renault's chairman, said the company would soon draw up a list of CEO candidates, but was not in a hurry. "It would have been better if we had chosen one by the end of the year. If not, it's not a bad thing. " According to the source, the final candidate list of Renault CEO has been gradually narrowed down to 3-4, and is expected to be submitted to Renault's nomination committee in the next few days. In addition to Luca de Mayo, Didier Leroy, Toyota's executive vice president, is also a potential candidate for Renault's CEO. Leroy, 61, joined the Toyota group in 1998 after 16 years at Renault, a French car company. However, Leroy denied that he would be Renault's CEO. "I'm not going to listen to these rumors, I'm still 100 percent focused on my work at Toyota," he said. I like the trust relationship with Toyota President Akio Toyoda In addition, two people familiar with the matter said that Renault's interim chief executive, Jean Claude Arbos, had applied for the position of CEO permanently, but whether he could succeed was still uncertain

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