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Renault also announced the appointment of Duncan Minto as interim CEO.
Bernstein luxury analyst Luca Solca thinks Luca de Meo should fix the management organization, and curb debt levels.
The luxury group confirmed speculations reported by a number of media outlets this weekend. Pinault will retain his role as Kering chair.
The head of French carmarker Renault, Luca de Meo, is to quit "to take on new challenges outside the automobile sector", the company said on Sunday.
Luca de Meo began his career at Renault before joining Toyota Europe, then the Fiat Group where he was in charge of the Lancia, Fiat and Alfa Romeo brands.
But despite de Meo leaving Renault on July 15 for pastures completely new, van den Acker tells us his story at the firm is far from over. ‘There’s more to come from Luca’s Renault.
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