The former chief executive of the carmaker Renault will replace Francois-Henri Pinault as the struggling company seeks a turnaround.

Francois-Henri Pinault, who has held the CEO title since 2005, is to remain chairman of the family-controlled luxury group. De Meo is expected to start on Sept. 15.

Luca de Meo's abrupt departure as Renault CEO has kicked off a search for his successor, with analysts mentioning longtime insider Denis Le Vot and Maxime Picat of rival Stellantis as suitable fits to continue the French automaker's turnaround. Fiona Jones reports.

Kering has announced a significant change in its executive leadership appointing Luca de Meo CEO, effective 15 September 2025. This is subject to shareholder approval at a meeting scheduled for 9 September.

The appointment of de Meo, 58, marks a big change at Kering, owner of the Gucci and Saint Laurent brands, where François-Henri Pinault, a member of the family that controls the group, has been chair and chief executive for 20 years.

The following is a timeline of the major events in the French luxury fashion group's history. 1962 - Francois Pinault founds Etablissements Pinault, a timber trading company based in Rennes that will transform into Kering.

Luca de Meo, who resigned from carmaker Renault on Sunday, is widely tipped to succeed François-Henri Pinault at the management helm of the French luxury group.

Kiran Rao, Liang Jing, Luiza Mariani, and 'Ne Zha' voice actress Lyu Yanting share their journeys and push for greater representation at Kering’s first Women In Motion event in China.